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During 2Q16, $BBBY repurchased about $121MM of its common stock, representing approx. 2.7MM shares, under its existing $2.5Bil share repurchase program. As of Aug. 27, 2016, the program had a remaining balance of about $2Bil, and is expected to be completed in 2H19 or in FY20.
$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?