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$BAC said that improvement in the US unemployment rate and home prices continued during 1Q16, resulting in improved credit quality and lower credit losses compared to the year ago period. The 30 and 90 days or more past due balances fell across nearly all consumer loan portfolios during 1Q16 as a result of improved delinquency trends.
$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?