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$PPG, which competes with $RPM and $VAL, declared a cash deployment of about $2.0-2.5Bil on acquisitions and share repurchases for both FY15 and FY16. During FY15, $PPG said the cash deployments included $475MM for capital spending and $385MM for dividend payments.
$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?