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$AMP 2Q15 PR: Ameriprise reported total net revenues of $3,128MM vs. $3,072MM in 2Q14 and net income of $415MM vs. $374MM in 2Q14. Operating earnings were $434MM vs. $408MM in 2Q14. Operating net revenues rose 2% to $3Bil. OpEx rose 3% to $2.4Bil. ROE excluding AOCI was 22.1%. Operating ROE excluding AOCI increased 180 bps to a record high 23.5%.
$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?