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$BEN said the total payout for the trailing 12 months was $1.7Bil or 88% of net income. The company has recently demonstrated a relative preference for share repurchase versus dividends given $BEN's current valuation. The company also stated that its BoD remains committed to the long-term growth of the regular dividend.
$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?