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$NAVI's net interest margin on FFELP loans fell to 1.20% in 3Q15 from 1.32% in 3Q14 and that on private education loans dropped to 3.68% from 3.91%. Average total student loans fell to $127.75Bil from $129.92Bil. Return on assets fell to 0.70% from 1.05% in 3Q14.
$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?