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During 2Q16, $DD's segment operating earnings rose $166MM, reflecting cost savings, lower product costs & volume growth in segments. When adjusting for currency impact, segment operating earnings rose 16%. Agricultural earnings rose $93MM YoverY, despite a $36MM negative currency impact. $DD said that N&H earnings rose $30MM & volume grew 3%.
$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.