Want to join the conversation?
Banking company $BK said in 1Q16, operating earnings, adjusted for litigation and restructuring charges, was $0.74 per share, up 10% from 1Q15. Net interest revenue rose 5%. Total expenses were down 3% driven by business improvement processes. $BK generated about 250BP of positive operating leverage and pretax operating margin was 31%.
$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.