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Maker of SnapDragon suite of System-on-Chip (SoC) product $QCOM announced its intention to repurchase $10Bil of stock from March 2015 through March 2016, which was completed during 1Q16. At Dec. 27, 2015, $4.9Bil remained authorized for repurchase under the stock repurchase program.
$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?