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For 3Q16, $FHN's avg. consolidated loans were up 12% YoverY, with avg. core deposits increasing 11%. Net interest income for the quarter was up 13% from a year ago. On a sequential basis, net interest margin was up 4 BP, driven by higher commercial loan growth volume.
$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?