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$AXP's $750MM subordinated debentures, which prior to 2014 were fully included in Tier 2 capital, do not meet the requirements of Tier 2 capital under Basel III. At the company's option, the subordinated debentures are redeemable for cash on or after Sept. 1, 2016 at 100% of the principal amount plus any accrued but unpaid interest.
$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?