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$C CEO Michael Corbat said that during 1Q16, the company reduced its branch footprint by 82, while increasing the avg. deposits in its nearly 2,700 branches globally. The company took a re-positioning charge in the quarter, which will drive an additional reduction of headcount. $C also drove a significant reduction of assets in Citi Holdings.
$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?