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Existing Home Sales Update: Total existing-home sales increased 2% to a seasonally adjusted annual rate of 5.59MM in July from a downwardly revised 5.48MM in June. Sales in July remained at the highest pace of 5.79MM since Feb. 2007, have now increased YoverY for 10 consecutive months and are 10.3% above from 5.07MM a year ago.
$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?