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$DRI said that it paid $64MM in dividends in 3Q16. The company repurchased approx. $140MM of company stock. This leaves $360MM remaining under the share repurchase authorization the company announced in Dec. D&A was lower by $15MM and interest expense was $11MM lower due to debt reduction of over $1Bil.
$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?