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During 4Q15, $FRAN repurchased 910,000 shares of its common stock at a cost of $14.6MM, or an average of $16.07 per share. The company had no debt outstanding under its revolving credit facility at year end 2015. 2015-end inventory on hand was $31.5MM vs. $23.8MM in 2014-end, while average ending inventory per boutique surged by 16%.
$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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.