Want to join the conversation?
3Q15 non-interest expense for $BAC was $13.8Bil, flat with 2Q15. Litigation cost in 3Q15 and previous quarter was less than $250MM. On a YoverY basis, headcount was down 6%. Consumer Banking earned $1.8Bil in 3Q15, up 5% YoverY; mobile deposits represent 14% of consumer deposits. $BAC reported 22nd consecutive quarter of loan growth.
$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?