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$IVZ today reported that its Aug. month's total AUM slipped 3.8% to $776.4Bil from $806.7Bil in July, due to a combination of market losses, FX, and outflows from both money market funds & the PowerShares QQQs. At Aug. end, $IVZ total equity AUM dipped 6.78%; Fixed Income AUM slipped 1.12%; money market AUM was down 1.86% from the preceding month.
$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?