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Senior housing and health care real estate investment trust $HCN reported a drop in 1Q16 earnings due to last year's gain on real estate dispositions. Net income fell to $148.97MM or $0.42 per share from $190.8MM or $0.56 per share last year. Revenue grew to $1.05Bil from $894.18MM.
$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?