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Bank-based financial services company $KEY posted higher 2Q16 earnings due to higher income before income taxes. Net income from continuing operations was $193MM, or $0.23 per diluted EPS vs. $230MM, or $0.27 per diluted share in 2Q15. Revenue was stable from 2Q15 and was up 3% from 1Q16.
$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?