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Technology giant $IBM posted lower earnings during 2Q16 as a result of lower income from continuing operations. The company delivered net income of $2.5MM or $2.61 per diluted share vs. $3.45MM or $3.50 per diluted share in 2Q15. Revenue fell 2.7% to $20.24Bil vs. 2Q15, hurt by lower revenues in Global Business Services & Systems segments.
$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.