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$LLY still expects 2016 marketing, selling and administrative expenses of $6.0-6.2Bil, and research and development expenses of $4.8-5.0Bil. $LLY lifted 2016 tax rate outlook to about 21% from previous estimate of 20.5%, while still expecting non-GAAP tax rate of about 22.5%.
$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.