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$RF incurred branch consolidation, property and equipment costs of $14MM in 1Q16. Legal fees decreased in the quarter, mainly due to favorable legal settlements. In 1Q16, company repurchased 23MM shares for $175MM and declared $80MM in dividends. Loan-to-deposit ratio at end 1Q16 was 83%.
$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.