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Senior citizen housing company $SNH posted higher 2Q16 earnings due to acquisitions and improved performance from properties owned. Net income was $39.2MM or $0.17 per diluted share vs. $36.4MM or $0.15 per diluted share in 2Q15. Revenue rose 5.6% to $261.4MM vs. 2Q15, helped by higher rental income and residents fees & services.
$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?