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$BAC's total net charge-offs for 2Q16 declined to $985MM from $1.1Bil in the previous year quarter. Excluding losses associated with the U.S. Department of Justice settlement and non-performing loan sales in prior periods, net charge-offs rose to $1Bil from $0.9Bil last 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?