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$STI 2Q15 Call – Aleem, CFO: Adjusted tangible efficiency ratio improved to 63.4% in the second quarter, down 110BP compared to the prior quarter & 20BP better than last year. Delivered YoverY improved despite a $40MM decline in commercial loan swap income, as we were able to grow noninterest income & reduce expenses.
$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?