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$NAVI 2Q15 Call: Seeing higher default rates than projected in a narrow segment of Private Loan Portfolio. This segment of borrowers returned to school during the Great Recession and exited from their in-school deferment in 2014. The size of exits also increased to $2.5Bil in 2014, up from $1.8Bil in 2013.
$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?