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Investment management company $BEN had total AUM at March 31, 2016 of $742.6Bil, 16% lower than at March 31, 2015. Simple monthly average AUM for the three months ended March 31, 2016 decreased 16% from the prior-year period. The decline in AUM negatively affected fee revenues and operating income for the three months ended March 31, 2016.
$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?