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Bank holding company $PBCT said 2Q16 revenues increased 4% from 2Q15, driven by improvements in net interest income and non-interest income. Total expenses increased modestly from a year ago. The efficiency ratio for 2Q16 is 60.4%, which is an improvement of 120BP from the prior year.
$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?