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$NAVI 2Q15 Call: Private Education Loan core earnings decreased by $64MM from 2Q14 to $22MM. Increase in provision for loan losses which came in at $191MM came due to segment of borrowers. For 2H15, expects private student loan net interest margin to be between 3.83-3.85%.
$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?