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In 2Q16, RevPAR at $HST's Los Angeles properties grew 9.1%. The company's two comparable hotels in Denver grew RevPAR by 7.3%. In Atlanta, RevPAR grew 6.6% due to average rate growth of 3.2% and occupancy increase of 2.6%. The Boston hotels' RevPAR growth of 5% was driven by a rate increase of 2.2% and an occupancy improvement of 3.3%.
$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?