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Des Moines, Iowa-based investment manager $PFG said that its fee-based businesses drove nearly 70% of 2015 normalized earnings. In 2015, $PFG deployed $1.1Bil of capital, representing nearly 90% of net income. The company expects to deploy $800MM to $1Bil of capital in 2016.
$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?