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$FHN said during 2Q16, in Fixed Income, avg. daily revenue grew 48% YoverY, driven by rate and market volatility as well as the decline in longer rates. The company's consolidated net interest income was up 6% YoverY. Net interest margin was steady from a year ago and up 4BP linked-quarter. Net charge-offs and delinquencies were down YoverY.
$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?