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Restaurant operator $CBRL reported a 39% jump in 3Q16 earnings driven by reduction in commodity costs and focus on cost savings initiatives. Net income grew to $49.17MM or $2.04 per share from $35.32MM or $1.47 per share last year. Revenue rose by 2% to $700.14MM. Adjusted EPS increased to $1.82 from $1.49.
$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.