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$PNC's home equity loan portfolio totaled $33Bil as of Sept. 30, 2015, or 16% of total loan portfolio. Of that total, 59% was outstanding under primarily variable-rate home equity lines of credit and 41% consisted of closed-end home equity installment loans. Approx. 5% of the portfolio was purchased credit impaired and 3% on nonperforming status.
$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?