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$BBT said that for 1Q16 it had security gains of about $45MM, which is part of the company's strategy in terms of matching security gains and credit issues. The company's C&I loans were down slightly mostly due a decline in commercial loans in the branch network and mortgage warehouse. End of period loans were better with C&I up 2.5% annualized.
$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?