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$MTB's net interest income for 2Q16 grew by 26% to $863.82MM from the previous year quarter. This increase resulted predominantly from a 28% jump in average earning assets, which reflects the November 2015 acquisition of Hudson City Bancorp that added about $17.2Bil in average loans in the recent quarter.
$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?