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$ETFC 2Q15 Q&A: On a question asked by Repetto of Sandler O'Neill about corporate cash, Paul answered that ETFC took a conservative position with regard to the movement of clearing broker and held more cash across all entities. On capital utilization, company continue to study the alternatives.
$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?