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$VFC 2Q15 Q&A: Boss of JP Morgan asked about capital allocations. Eric replied that there is no change in the position, which has been consistent. Acquisition remains number one priority and dividends as the following. If there is cash accumulate, VFC will return cash to shareholders as it had done over $1.3Bil over the last couple of years.
$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?