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$PSA 2Q15 Q&A: Thomas from KeyBanc Capital Markets asked about S&A expenses, it was down nearly 10%, but it was still about $5.5MM in quarter. John replied even though occupancy remains high we still have over 200,000 tenants move out during quarter. If people stop moving out I can guarantee you to cut down that advertising cost quite a bit.
$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?