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$HCP said for 2Q16 HCR ManorCare reported normalized EBITDAR of $132MM, bringing the YTD total to $263MM. HCR ManorCare's normalized fixed charge coverage ratio for the trailing 12 months was 1.03 times, down 3 BPs from 1Q16, driven by continued industry headwinds, a weaker flu season and a 3% rent increase effective in April 2016.
$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?