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During 3Q15, $BBBY repurchased $194MM of stock or 3.3MM shares under its existing repurchase program. As of Nov. 28, 2015, remaining balance of the current $2Bil buyback program was $110MM. $BBBY is modeling to complete its current buyback program during 4Q15 & commence repurchases under the new $2.5Bil authorization, approved by BoD in Sep. 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?