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$TSO 2Q15 Q&A: On a question asked by Calio of Morgan Stanley about buybacks, Greg said, TSO is not as rigid to say there is a payout target; want to improve total shareholder return. TSO is focused on driving more free cash flow growth. Want to have about $600-800MM of cash on balance sheet. At 2Q15-end, TSO had more cash than the $600-800MM.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.