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Mylan (MYL +1.5%) says it's board has approved a buyback of up to $500M in common stock. The...

Mylan (MYL +1.5%) says it's board has approved a buyback of up to $500M in common stock. The news follows an earlier report that Moody's had upgraded the company's credit ratings to Baa3 from Ba1 and that S&P raised its credit rating to BBB- from BB+.
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