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In Feb. 2016, $DPS' Board authorized $1Bil of share repurchase. Company repurchased 2MM shares at about $179MM in 1Q16. As of March 31, $1.47Bil remains available for repurchase under Board's authorization. Company expects to repurchase $650-700MM of its common stock in CY 2016.
$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?