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$WFC's non-interest income for 1Q16 rose to $10.5Bil from $10Bil in 4Q15. This rise was primarily due to gain from sale of crop insurance business and the impact of lower interest rates and currency movements on hedging results (hedge ineffectiveness), driven by long-term debt.
$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?