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$FITB 2Q15 Call: Taxable equivalent net interest income increased $40MM sequentially to $892MM, primarily driven by the faster than anticipated deployments of cash into earning asset growth and lower deposit costs. NII was also positively impacted by $7MM due to an extra day in the quarter. The NII was 290BPs; up 4 basis points from 1Q15
$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?