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$PNC's revenue for 3Q16 increased to $3.83Bil from $3.78Bil in the previous year quarter. This rise was driven by higher securities and loan balances and a rise in loan yields as well as growth in non-interest income on fee income. This was partially offset by lower purchase accounting accretion, and lower other income.
$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?