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Financial services holding company $USB said its net interest income on a taxable-equivalent basis grew 2.6% YoverY to $2.87Bil in 4Q15, helped by the growth in average earning assets. Net interest margin was stable at 3.06%, compared with 3.14% a year ago. Noninterest income for the quarter was $2.34Bil, 1.3% lower than 4Q14.
$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?