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For FY15, $AVGO used an expected rate of return on plan assets of 7.3% for its US pension plans. The company used a weighted-average long-term rate of return on assets of 5.4% for its U.S. post-retirement benefit plan. $AVGO currently expect to make contributions of $32MM to its defined benefit pension plans in FY16.
$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.