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$USB expects average loans to continue to grow in the range of 1-1.5% sequentially in 4Q16. While mortgage loan growth is expected to slow in line with industry-wide tapering of refinancing activity and due to seasonality, the company looks for a rebound in commercial loan growth and expects strength in consumer loans to continue in 4Q16.
$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?