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Donald Fandetti of Citigroup asks about benefits from the new AMEX card. $AXP said it was pleased by its efforts to provide other AMEX products to former Costco cobrand card members. The company expects to retain over 20% of the out-of-store spending of those card members. This is included in the run rate for 2Q16.
$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.