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$PBCT 2Q15 Call – David, CFO: Net interest margin for 2Q15 was 2.88%, a decline of 3 bps from 1Q15. New loan volume negatively impacted the margin by 4 bps as new business yields remained lower than the total loans portfolio yield. In addition, the margin was lowered by 2 bps from higher deposit volumes and costs.
$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?