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$BBT's average deposits for 2Q16 increased by $10.5Bil to $160.3Bil from 1Q16. Average noninterest-bearing deposits increased 12.1% annualized due to increases in personal balances and commercial balances. Interest checking grew 15.8% annualized primarily due to increases in personal balances and commercial balances.
$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?