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$HOT's vacation ownership and residential revenues for 1Q16 declined by 1.1% from the previous year quarter. This was primarily driven by a $26MM decline in revenues recognized under percentage of completion method and other deferrals. This was partially offset by rise in originated contract sales of vacation ownership intervals of $22MM.
$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?