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$HBI 2Q15 Q&A: McClintock of Barclays Capital asked when company will start to execute a share repurchase. Rich answered that HBI generates a tremendous amount of cash on a consistent basis. Focus is using that cash to make great returns for shareholders. Believes it's best done with mixture of acquisitions, dividends and share repurchases.
$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.