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$SNPS said it has entered into an accelerated share repurchase agreement (ASR) with JPMorgan Chase Bank to repurchase $125MM of $SNPS stock. $SNPS will receive an initial share delivery of about 2MM shares, with the remainder to be settled on or before Aug. 15, 2016, upon completion of the repurchase.
$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?