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$AMG 2Q15 Call: Reported economic EPS of $3.08, up 16% YoverY. AUM reached a record $650Bil. Generated over $4Bil of net client cash flows. Announced the addition of 5th Wealth Partners Affiliate, myCIO. In institutional channel, had positive net flows of approx. $6.1Bil. In high net worth channel had positive net flows of $70MM.
$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?