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In 4Q16, $MCK completed a $650MM accelerated share repurchase program, bringing total shares repurchased in FY16 to $1.5Bil. At end FY16, about $1Bil remained on repurchase authorization. Diluted weighted average shares outstanding assumption for FY17 is 228MM.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.