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$USB 2Q15 Call – Kathy Rogers, CFO: Net interest income increased by $26MM or 0.9% YoverY. Net interest margin of 3.03% was 24 bp lower than of 2Q14 and 5 bp lower than of 1Q15, expects to be relatively stable in 3Q15. Excluding ForEx impact, merchant processing fees grew approx. 7.6% YoverY. Retail credit and debit card fees grew 2.7% YoverY.
$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?