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Financial services holding company $USB reported lower 1Q16 results, hurt by higher provision for credit losses driven by energy-related commercial loan downgrades and lower mortgage banking revenue. $USB said net income fell 3.1% to $1.39Bil, or $0.76 per share, and revenue rose 2.7% to $5.04Bil.
$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.