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Financial services holding company $BBT posted higher 3Q16 earnings, helped by revenue growth, expense control and interest income growth. $BBT said net income rose 21.7% to $599MM or $0.73 per share from $492MM or $0.64 per share a year ago. Revenue for the quarter rose 13% to $2.84Bil.
$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?