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$OZRK, which competes with $RF & $BXS, said that for 1Q16, its total assets were 15.7%. The company delayed some deposit & loan growth that would have otherwise occurred in 4Q15. By staying below $10Bil in total assets in 2015-end, $OZRK deferred the impact of The Durbin Amendment on interchange revenue by 1 year from July 1, 2016 to July 1, 2017.
$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?