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Largest U.S. lodging real estate investment trust $HST reported an increase in 1Q16 funds from operations (FFO). Comparable hotel RevPAR, a key measure in the lodging REIT sector, rose by 3.6%, driven by solid demand growth and significantly less disruption from renovation, the company said.
$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.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.