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Banking giant $BAC's 2015 net interest income on an FTE basis fell $661MM to $40.2Bil vs. 2014. The net interest yield on an FTE basis fell 5 BP to 2.20% for 2015. These declines were mainly driven by lower loan yields and consumer loan balances, as well as a charge of $612MM related to the discount on certain trust preferred securities.
$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?