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$WYN repurchased 2.1MM shares of common stock for $150MM during 2Q16. From July 1 through July 26, 2016, $WYN repurchased an additional 0.6MM shares for $42MM. As of June 30, cash and cash equivalents were $478MM, reflecting higher seasonal cash collections at the vacation rental businesses. Long-term debt was $3.4Bil as of June 30, 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?