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$PNFP's 1Q16 revenue, excluding securities gains and losses, was a record $99.8MM, rising 43% over 1Q15. Loans at March 31 grew 47% YoverY. Average balance of noninterest-bearing deposit accounts was $1.96Bil, about 27.9% of total average deposit balance for the quarter. 1Q16 average noninterest-bearing deposits rose 46% versus 1Q15.
$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?