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Company News For Dec 19, 2018

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  • CBS Corp. shares declined 1.3% after the company announced that its former CEO Les Moonves refused to accept $120 million severance package offered by the company’s board of directors
  • Shares of The Boeing Co. (BA - Free Report) soared 3.8% after the company raised dividend rate by 20% and increased share repurchase program from $18 billion to $20 billion
  • Darden Restaurants Inc.’s (DRI - Free Report) shares surged 5% after the company raised its fiscal 2019 outlook for diluted earnings per share from $5.52-$5.65 to $5.60-$5.70
  • Shares of Tilray Inc. (TLRY - Free Report) jumped 16.1% after the company entered into a supply and distribution agreement with Novartis AG (NVS - Free Report) for medical marijuana

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