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$USB said its 2Q16 average total loans rose 8.1% versus 2Q15, driven by growth in commercial loans, residential mortgages, credit card loans, and other retail loans. Average total deposits rose 7.6%. Average noninterest-bearing deposits rose 2.4% YoverY, mainly in Consumer and Small Business Banking and Wholesale Banking and Commercial Real Estate.
$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?