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In 1Q16, $ZUMZ repurchased about 612,000 shares for $11.5MM, and as of April 30, 2016 had $43.3MM remaining under repurchase authorization. As of April 30, $ZUMZ had $113MM in inventory, up 8.5% versus last year, mainly related to growth in global store count with inventory per sq. ft. rising by 1%.
$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.