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$PCLN said it repurchased 236,000 shares of its common stock for $299MM during 2Q16 and purchased an additional $69MM of its common stock in July. CapEx for the quarter was $60MM. Cash and investments amounted to $12.3Bil at June 30, 2016, with about $1.6Bil of that balance in the US.
$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?