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During 1Q16, $STI's efficiency ratio improved to 62.8% from 64.2% a year ago. The company's tangible efficiency ratio also improved during the quarter to 62.3% from 63.9% in 1Q15, as revenue growth exceeded expense growth. This 1Q16 progress puts $STI on pace to meet its objective of improving efficiency ratio for the fifth consecutive year.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.