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Health insurer $HUM reported a 45.6% drop in 1Q16 earnings due to lower operating results from the Retail segment. Net income dropped to $234MM or $1.56 per share from $430MM or $2.82 per share last year. Total revenues slid to $13.8Bil from $13.83Bil. Adjusted EPS decreased to $1.86 from $2.58.
$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.