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$WFC 2Q15 Call: We are bumping along here at 30 BP of annualized net losses on the total loan portfolio in terms of dedicated reserves against energy portfolio. We shouldn't expect releases in any given quarter. It is a very contained portion of our loan portfolio and the aggregate impact should not be material to WFC.
$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?