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$NAVI, which services federal and private student loans, reported lower 1Q16 earnings, hurt by a fall in net interest income. For the quarter, the company reported earnings of $181MM, or $0.53 per share, compared with $292MM, or $0.72 per share a year ago.
$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?