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$COF 2Q15 PR: Cash and cash equivalents were $7.15Bil vs. $6.73Bil in 2Q14. Total other debt was $31.98Bil vs. $29.10Bil in 2Q14. Net interest margin was 6.56%, down 1 BP. Net interest margin excluding the contra-revenue impact of the build in the UK PPI reserve was 6.58%.
$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?