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New York-based REIT $KIM grew 4Q15 net income to $378.7MM or $0.87 per diluted share versus $50.8MM or $0.09 per diluted share YoverY, helped by higher revenue and a high equity in income of JVs, net. Revenue rose 15.9% to $296.5MM. FFO fell 8.6% to $143.2MM or $0.35 per diluted share in 4Q15, impacted by $9.9MM of net transactional charges.
$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?