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$EL invested $90MM in CapEx primarily to support new retail stores and counters. The company utilized $387MM in cash to repurchase approx. 4.7MM shares of stock, nearly double the amount purchased during 1Q15. $EL paid $90MM in dividends to stockholders and announced another 25% increase in the dividend rate.
$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?