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Housing Starts Update: Privately-owned housing completions in June were at a seasonally adjusted annual rate of 972,000, 6.7% below the revised May estimate of 1,042,000 and 22% above the June 2014 rate of 797,000. Single-family housing completions in June were at a rate of 647,000, 0.3% below the revised May rate of 649,000.
$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?