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During 2Q16, $PRI said that it repurchased $40.6MM or 800,000 shares of its common stock or a total of $90.5MM or 2MM shares repurchased YTD through June. The company expects to repurchase approx. $60MM of shares in 2H16 and around another $125MM in 2017 in addition to paying stockholder dividends.
$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?