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$WFC said that Kristi Mitchem has been appointed President, CEO and Head of Wells Fargo Asset Management (WFAM), a division of Wealth and Investment Management Group effective June 1, 2016. Mitchem replaces Mike Niedermeyer, who had served as Head of WFAM from 1994 until his retirement in March after 28 years with $WFC.
$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?