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$PBCT, the holding company for People's United Bank, reported a 11% growth in 2Q16 earnings on higher net interest income and rise in non-interest income. Net income rose to $68.5MM or $0.23 per share from $61.7MM or $0.20 per share last year. Net interest income grew to $240MM from $230.4MM and non-interest income rose to $85.4MM from $83MM.
$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.