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$LM said it plans to make up for the shares it did not acquire in 4Q15, due to the delay related to acquisitions, which were $33MM. The company deployed its normal $90MM for 1Q17, including $12MM for net share settlements of annual deferred compensation award vesting. $LM retired $123MM worth of shares in 1Q17 & reduced its average shares by 1.7MM.
$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?