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$EMN said during 2Q16, the company reduced net debt by over $300MM, paid dividend of $68MM and repurchased $25MM of its shares. The company also sold 550MM euro, 1.5% notes due 2023 in the European public debt market, with proceeds used to repay $500MM of the 2.4% notes due in June 2017 and some other borrowings.
$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?