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In February 2016, $MMM's BoD authorized the repurchase of up to $10Bil of outstanding common stock, which replaced the February 2014 repurchase program. This new program has no pre-established end date. In February 2016, $MMM's BoD also declared a 1Q16 dividend of $1.11 per share, an increase of 8%.
$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?