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$MO 2Q15 Call: We continue to deliver value to shareholders; we paid approx. $2Bil in dividends in the 1H15. We also recently completed our $1Bil share repurchase program, purchasing approx. $263MM in shares in the second quarter and remaining $63MM in July. Board has authorized a new $1Bil program, which we expect to complete by the end of 2016.
$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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.