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Mark Mahaney of RBC Capital asks about the trends on alternative accommodations. $PCLN said that in terms of its inventory, those types of properties are growing faster than the inventory overall. The growth rates for these properties are attractive and is helping deliver the kind of 31% YoverY room night growth seen in 1Q16.
$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?