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$MS 2Q15 Q&A: Moszkowski of Autonomous posed a question regarding $1Bil increase in allocation to Wealth Management. Jonathan explained that the parent is an increase driven by the less segment usages plus and earnings accretion that Company had. Mix was driven by each segment’s relative contribution to the total.
$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?