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Regional bank holding company $HBAN reported a 3% rise in 1Q16 earnings driven by core deposit and fee income growth within its disciplined, risk-balanced approach to the business. Net income rose to $163.32MM or $0.20 per share from $157.89MM or $0.19 per share last year. Fully-taxable equivalent revenue grew by 7%.
$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?