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Jeff Stein of Northcoast Research asks for an update about delinquency trends. $M CFO Karen Hoguet said delinquency levels remain somewhat elevated post its credit conversion, but the level is still within the company's normal range and within the range of other issuers. She added that the level continues to come down, but it is not of any concern.
$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?