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Christian Bolu of Credit Suisse asked whether the company expects the mix shift in asset management to reverse going forward. CFO Harvey said $GS is looking to provide service to all clients as best it can through long, long cycles. Looking at the future, Harvey said he would point more to the flows than the asset mix.
$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?