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$STI's total revenue for 2015 declined by $131MM from 2014. Excluding gain on sale of RidgeWorth that impacted 2014 results, total revenue slid $26MM due to lower net interest income, driven primarily by fall in commercial loan swap income and lower earning asset yields, as well as foregone RidgeWorth investment management income.
$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?