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$MTB said that its non-interest income totaled $448MM in 4Q15, up from $440MM in 3Q15. During the reported quarter, mortgage banking revenues were $88MM in 4Q15 compared with $84MM in 3Q15. Residential mortgage banking revenues declined by $6MM in 4Q15. The majority of which is attributable to a 23% reduction in mortgage loans originated for sale.
$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.