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Financial services firm $SCHW reported a 28% growth in 2Q16 earnings reflecting the power of its successful "through clients" eyes strategy and disciplined financial management. Net income rose to $452MM or $0.30 per share from $353MM or $0.25 per share last year. Total net revenues grew to $1.83Bil from $1.57Bil.
$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?