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$JPM's firmwide avg. core loans increased 17% in 1Q16 compared with 1Q15. Within CCB, avg. core loans were up 25% over 1Q15. CCB had growth in avg. deposits of $50Bil, up 10% over 1Q15. Credit card sales volume was up 8% and merchant processing volume was up 12% from 1Q15. CCB had nearly 24MM active mobile customers in 1Q16, up 19% over 1Q15.
$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?
After so much controversy and family issues in $VIAB over the recent months, Paramount brings in some good news. News is that they signed a $1 billion deal with Shanghai Film Group and Huahua Media. The material impact to Viacom however is still uncertain.