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$XOM 2Q15 Q&A: Leggate of BofA asked a question about tax, change in Canadian tax regime. Jeff commented that XOM’s tax in 2Q15 vs. 2Q14 was up just over 3%. About 5% of that was associated with one-time tax items, largest piece being the Alberta tax. Rest of closure on the down about 1% is due to portfolio mix. Sequentially XOM is up almost 12%.
$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.