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$NAVI completed its 1st FFELP ABS transaction in 1Q16 followed by a second sale in early April. Combined, company has now issued $1.6Bil in FFELP ABS bonds. $NAVI also completed an extension of its FFELP ABCP facility, pushing the maturity date to 2018 and raising the maximum financing amount to $7.5Bil.
$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?