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$OZRK said that in 1Q16, its annualized net charge-off ratio for total loans and leases was just 5 BP, below the low end of guidance range provided in Jan. call. The company is slightly revising its 2016 guidance for net charge-off ratio for total loans and leases to a range of 5-20 BP.
$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?