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$KMX stated that its CarMax Auto Finance income of $96MM in 2Q17 represented a decrease of 2.3% compared to last year. This was due to a higher provision for loan losses and a lower interest margin, partially offset by a 12% growth in average managed receivables to over $10Bil.
$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?