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Overall credit quality of $PNC remained generally stable in 2015 & the provision for credit losses was essentially unchanged from last year and net charge-offs continued to be low relative to historic levels. Nonperforming assets fell 7% on a YoverY basis, while there was an increase in 4Q15 vs. 3Q15, driven by a decline in the oil and gas sector.
$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?