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$PNC said the expenses that increased QoverQ for 3Q16 were in line with its guidance in terms of being stable because it was a small increase. The incremental amount around the FDIC surcharge is a higher expense. For 4Q16, $PNC expects expenses to remain stable. The timing of investments can impact expenses so it is not uniform QtoQ.
$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?