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In 2Q16, $DFS' net interest income increased 7% over 2Q15, driven by loan growth and a higher net interest margin. Total non-interest income decreased to $465MM. Net interest margin expanded 31BP from the prior year to 9.94%. For the remainder of year, the company expects relatively stable margins.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.