Want to join the conversation?
Austin Wurschmidt with KeyBanc asks about Los Angeles, which softened in 2Q16, but appeared to be largely occupancy driven. $AIV said about a percent of it was associated with leases that the company had moved from the shorter months into 2Q16. The second piece is, the company is seeing some new supply in Los Angeles, about 2,500 units.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.