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$BID said that its share repurchase program executed in the past year has led to a significantly lower number of shares outstanding. The company now has 55.1MM shares outstanding versus 69.5MM shares a year ago, a 21% reduction. $BID still has another $43MM, which is available for further stock repurchases under the current authorization.
$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?