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$C's net interest margin was 294 BPs in 3Q15, roughly in line with the prior quarter as trading NIM continue to be higher than expected and $C anticipates net interest margin to be in the range of 285-290 BPs for 4Q15. During the quarter, CET 1 capital ratio improved to 11.6%, driven by retained earnings and DTA utilization.
$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?