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$AIV 2Q15 Call: Invested $45MM in redevelopment, $22MM in development and $91MM in acquisitions. Increased guidance for property sales to $425MM at the midpoint. Expects to generate net proceeds to AIV of $215-225MM and acquisitions of $129MM in FY15. FY15 outlook: same store revenue growth 4.25-4.75%; expense growth 2-2.5%; NOI growth 55-6%.
$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?