Want to join the conversation?
$JPM, which competes with $WFC, $C and $BAC, said it expects 2Q16 Asset Management revenue to be flat to up, but to be less than $3Bil. In the Commercial Bank, the company expects revenues to be up modestly on continued loan growth, but expects expenses to increase to about $725MM in 2Q16.
$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?