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$NAVI's core earnings for Federally Guaranteed Student Loans (FFELP) segment for 2Q16 fell to $68MM from $93MM last year. This decrease was primarily the result of a decline in servicing revenue related to benefit record in the prior year quarter as result of increasing recovery expectation on previously assessed servicing fees.
$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?