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Regarding consumer consumption, $FDX's bulk of business is business-to-business related globally. Residential deliveries are increasing and are driven largely by e-commerce. Residential traffic represents about half of the volume in the network in the US. China is a big marketplace for $FDX, but as the impact was not good, the yields went up.
$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.