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$BBT's net interest income and non-interest income for 2015 were both higher following the current year acquisition activity. Non-interest expense was higher due to increases in headcount and locations, primarily the result of the acquisitions, and the provision for credit losses increased after allowance release in the prior year.
$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?