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At Sept. 30, 2015, $STI's allowance for loan and lease losses equaled 1.34% of total loans held for investment, a decline of 12 BP vs. Dec. 31, 2014. The provision for loan losses fell 75% vs. 3Q14 and the decline was attributed to the continued improvement in overall asset quality and lower 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?