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Financial services firm $WFC said its Head of Community Banking, Carrie Tolstedt, has decided to retire at end 2016. Tolstedt will be succeeded by Mary Mack, current President and Head of Wells Fargo Advisors, effective July 31. Until her retirement, Tolstedt will report to COO Tim Sloan, and will work closely with Sloan and Mack.
$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?