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$MOV said that on March 31, 2016 its BoD authorized a new share buyback program in the amount of $50MM. The authorization expires on Sept. 30, 2017, subject to extension or earlier termination by the Board. During 4Q16, the company repurchased approx. 111,000 shares under its previous $100MM share repurchase program which expired on Jan. 31, 2016.
$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?