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$CMA 2Q15 Call: Loan Yields increased 1 bp, reflecting increase in 30-day LIBOR. Estimated duration of total securities portfolio switched to 3.8 years and expected duration under a 200 bp rate shock extends it to 4.6 years. Believes that by 2016-end, will need to add $1-3Bil in HQLA, which will be funded by sources in manageable increments.
$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.