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The U.S. Census Bureau and the Department of Housing and Urban Development revealed that privately-owned housing units authorized by building permits were at a seasonally adjusted annual rate of 1.289MM in Nov., up from 1.161MM in Oct. Housing starts rose 10.5% from the previous month, while housing completions fell 3.2%.
$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?