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During 4Q15, $STT Management fees down 6% due to impact of stronger US dollar, net outflows & lower international equity markets. Foreign exchange trading revenue was down 15% due to lower currency volatility & client-related volumes. Brokerage & other fees was down 17% due to lower transition management revenue & electronic FX trading revenue.
$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?