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$BABA 1Q16 PR: Board of Directors authorized a share repurchase program in an aggregate amount of up to US$4Bil over a period of two years, primarily to offset dilution. As of June 30, 2015, cash, cash equivalents and short-term investments were RMB115,271MM (US$18,592MM), compared to RMB122,341MM as of March 31, 2015.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?