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Equity REIT $AVB said apartment deliveries are expected to peak nationally in 2016 and 2017 as permitting for new projects has slowed down over the last 2-3 quarters from the cyclical highs in 2015. The company also said its projections for new housing production are in line with household formation over the next four years.
$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?