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$BBY 1Q16 10-Q: In 1Q16, the company consolidated Future Shop and Best Buy stores and websites in Canada under Best Buy brand. This resulted in permanent closure of 66 Future Shop stores and conversion of remaining 65 Future Shop stores to Best Buy brand. In 1Q16, BBY incurred $188MM of restructuring charges related to implementing these changes.
$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.