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$JPM General Update: JP Morgan to settle the case involving credit card debt probe by the State, also the federal authorities in the United States. For this, JPM is ready to pay $125MM that the bank was accused of collecting improperly while selling the consumer credit card debt. The amount included approx. $50MM towards restitution.
$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?