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$HBAN's noninterest income for 1Q16 rose by 4%. This reflected 37% growth in other income related to equipment operating lease income from Huntington Technology Finance. Service charges on deposit accounts grew 13% on benefit of new customer acquisition. Cards and payment processing income rose 12% on higher income and underlying customer growth.
$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?