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$PEP 2Q15 Call – Indra Nooyi, CEO: Over three years ending in 2014, despite adverse FOREX, we’ve realized $1Bil of annual productivity savings. Net revenue per employee is up 10% & EBIT per employee up 9%. Our gross margins have consistently expanded and our core net ROIC has improved by 310BP to 18.4% on rolling four quarter basis since 2012.
$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.