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$COF said that it expects oil and gas loans will continue to present challenges and the company has been building reserves to reflect that concern. The company cautioned that as the turmoil in the energy industry continues, future developments could lead to further reserve build and possibly increasing charge-offs.
$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?