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$HBAN said that 1Q16 non-interest income grew 7% to $491MM from the year-ago quarter. This included $6MM of merger and acquisition-related expenses from the pending FirstMerit acquisition, which was announced earlier this year. $HBAN said that it is continuing the integration process and the transaction is expected to close in 3Q16.
$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?