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Net income for $HST decreased $176MM in 2015 to $571MM as the improvements in operations were offset by a $141MM decline in gains on dispositions, an increase of $37MM of debt extinguishment costs and the $69MM litigation reversal recognized in 2014. Diluted income per common share declined $0.22 to $0.74.
$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?