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$AXP's charge card provisions for losses grew $7MM or 4% in 3Q15 versus 3Q14. The increase was mainly driven by higher write-off rates in US Card Services versus the prior year. Card Member loans provision for losses grew $44MM or 17% in 3Q15 versus 3Q14. The increase was driven by credit performance, combined with higher loan balances.
$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.