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Banking company $MBFI reported 1Q16 net income of $39.11MM or $0.54 per diluted share, up 14.7% versus $34.11MM or $0.50 per diluted share in 1Q15, helped by higher net interest income after provision for credit losses. Net interest income on a fully tax equivalent basis increased in 1Q16, mainly due to a rise in average interest earning assets.
$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?