Want to join the conversation?
Fast food restaurant chain $PLKI said during 1Q16 it repurchased approx. 554,000 shares of common stock for approx. $30MM. After 1Q16-end, the company repurchased approx. 81,000 shares of its common stock for approx. $4.4MM. $PLKI intends to adjust its capital structure and increase its total leverage ratio to a range of 2.5-3.5x by 2017-end.
$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?