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During 1Q17, $RL said that it spent $78MM vs. $68MM in 1Q16 mostly to support the retail store network, concession shops and infrastructure projects. The company paid approx. $100MM related to repurchase of its Class A common stock. At quarter-end, approx. $200MM remained available for future share repurchases.
$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?