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$BBT's Community Banking net income for 1Q16 was $310MM, up $101MM vs. 1Q15, while Residential Mortgage Banking net income fell $25MM to $39MM. The company's Dealer Financial Services net income fell $3MM to $42MM, while Specialized Lending net income rose $3MM to $56MM for 1Q16.
$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?