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During 2Q16, $RF's total average deposit balances slumped $253MM from the previous quarter. Deposit costs remained near historically low levels at 12 BP, reflecting the strength of deposit base. The company said that its total funding costs totaled 29 BP for the quarter.
$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?