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Multifamily REIT $AIV said that renewal rent increased 6% in 1Q16, particularly strengthened in Bay Area, Denver, and Atlanta. The company's 12 target markets, which represent 90% of same-store net operating income, had topline revenue growth of 5.2% versus 4.8% for the entire portfolio.
$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?