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$BBT 2Q15 PR: Revenues were $2,367MM, up $31MM or 1.3% compared to $2,336MM in 2Q14. Net income available to common shareholders was $454MM compared to $424MM in 2Q14. These results were driven by continued strength in fee-based businesses. Net interest margin was 3.27%, down 5BP due to lower rates on new loans & runoff of loans acquired from FDIC.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.