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For 4Q16, $UAL is forecasting consolidated PRASM to decline 4-6%. By geography, $UAL is seeing positive close-in corporate booking trends domestically in 4Q16; Atlantic is expected to remain the weakest; in Pacific, $UAL is seeing modest unit revenue declines; and Latin America is expected to return to positive YoverY PRASM.
$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.