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$RF 2Q15 Q&A: Cassidy of RBC asked about Shared National Credit outstandings and branch profitability. Barb replied that Shared National Credit outstandings were roughly $18Bil. Then Grayson added that RF tried to monitor to make sure each of its branch offices are meeting hurdles and they’re providing positive direct contribution to RF's earnings.
$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?