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$BBT 2Q15 Call– Kelly, Chairman: We had very strong strategic developments during the quarter. We did complete the sale of American Coastal, and significantly increased our ownership in AmRisc. This helps in eliminating some underwriting risk that we had in American Coastal. We successfully closed and converted The Bank of Kentucky on June 19, 2015
$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?