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KeyBanc Capital Markets analyst Todd Thomas questioned about the overbuilding in markets where $PSA might be a little cautious over the next year or so. CEO Ronald Havner said that there are two markets, one is the Boroughs in New York, which materially have above average level, and Denver, which has about 40-50 properties to be developed.
$YHOO is reporting today after market close. Nobody cares about this stock.
$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.