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$PNC's Annuities segment income from operations grew 3% to $243MM in 4Q15, helped by increased fees on AUM and lower G&A expenses. Gross annuity deposits were $3Bil. Retirement Plan Services and Life Insurance segments' income from operations fell in 4Q15 due to lower interest rate spreads and lower alternative investment income respectively.
$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?