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In 1Q16, $PNC said net interest income increased by $6MM linked-quarter despite a lower day count driven by growth of $10MM in core net interest income. Non-interest income was $1.6Bil, down 11% linked-quarter. This decline was primarily driven by weaker equity markets and lower capital activity along with seasonally lower client revenue.
$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?