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$RF reported a fall in 3Q15 earnings due to higher non-interest expenses. Earnings fell to $242MM or $0.18 per share from $300MM or $0.22 per share in the same quarter of last year. Total revenue rose 1.1% to $1.33Bil, on higher net interest income helped primarily by loan growth and balance sheet hedging strategies.
$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?