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New Jersey-based lodging company $WYN said the company continued to see weakness in oil producing territories, offset by areas of strength like California and Florida. During 1Q16, the company repurchased 2.5MM shares for $175MM and repurchased 600,000 shares for $45MM so far in 2Q16. $WYN also said that its development pipeline rose 7.3% YoverY.
$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?