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$ZION's loans grew on a net basis by 1.5% in 2015. NIM fell to 3.19%, mainly due to reduction in FDIC-supported loan income. Credit quality of the oil and gas-related loan portfolio declined in 2015. At Dec. 31, 2015, about 2.5% of the oil and gas-related loan balances were nonaccruing versus 0.5% last year.
$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?