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Financial services company $ETFC reported an increase in 1Q16 results helped by higher revenue and business growth. Net income in 1Q16 was $153MM or $0.53 per share compared to $40MM or $0.14 per share in 1Q15. Adjusted net income was $122MM or $0.43 per share. Total revenues rose to $472MM from last year.
$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?