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$MTB's provision for credit losses in 3Q15 grew 51.7% from the third quarter of 2014. Net charge-offs of loans were $40MM, which increased 42.9% from last year. Net charge-offs were 0.24% when expressed as an annualized percentage of average loans outstanding.
$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?