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$EBAY's provision for transaction losses fell $17MM or 25% during 1Q16 compared to the same periods of the prior year due. The decrease was due mainly to lower customer protection program costs. Provision for transaction losses as a percentage of net revenues were 2% and 3% for 1Q16 and 1Q15, respectively.
$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.