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$MAR said that internationally, Asia-Pac region performed better than expected in 1Q16, while economic growth in China moderated. Shanghai & Beijing had strong results for the quarter with RevPar up in the high single digits. $MAR said following the Starwood acquisition, its expects more than a third of its rooms and fees to come from outside US.
$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?