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$TRIP's Hotel segment revenue for 1Q16 declined by $17MM from last year. This was primarily due to a $29MM decrease in TripAdvisor-branded click-based and transaction revenue, on a fall in revenue per hotel shopper of 24%, largely due to the global rollout of its instant booking feature.
$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?