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Austin Wurschmidt of KeyBanc Capital Markets asks about the guidance for Northern California. $ESS said it is not expecting an acceleration in rent but it expects 4Q16 to be better than last year. The guidance assumes that rents do not fall off as they do seasonally and that $ESS will be able to maintain rents and achieve renewals of 5-6%.
$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?