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$WFC formed new Payments, Virtual Solutions and Innovation business group. The Operating Committee is led by John Stumpf, chairman and CEO. Avid Modjtabai, head of Payments, Virtual Solutions and Innovation, will lead Consumer Lending Group and cross-company Operations. Franklin Codel, head of Home Lending, will join Operating Committee.
$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?