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Direct Banking and Payments company $DFS said that 1Q16 provision for loan losses rose by $34MM, or 9%, as compared to the same period in 2015. The increase was due to a larger build of the allowance for loan losses as compared to the same period in 2015, as well as higher levels of net charge-offs.
$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?