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$EQR said revenue growth revision is being driven by continued weakness in its New York portfolio and recent underperformance in its San Francisco portfolio. While occupancies and renewal rates in these markets continue to perform in line with expectations, new lease rates are not meeting original projections due to new rental apartment supply.
$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?