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$CSCO incurred charges of $18MM for 3Q16 due to a restructuring action to realign its workforce. During 3Q16, company paid dividends of $0.68 per common share, or $3.4Bil. As of April 30, 2016, $CSCO has remaining authorized share repurchase amount of $16.2Bil, with no termination date.
$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?