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Jade Rahmani of KBW asks if $KBH has seen any competition from single family rentals in terms of supply. CEO Jeffrey Mezger said there are a lot of single family rentals in the marketplace. $KBH has not seen a lot of product hit the market where they are trying to monetize their holdings and portfolio.
$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?