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$STZ 1Q16 Q&A Update – David, CFO: On buybacks, we still have about $700MM remaining under previously authorized share repurchase program, I would say we do have the brewery build out underway and have instituted dividends and so I think we need to work our way through those, but we are open to share repurchases once again when the time is right.
$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?