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$PPL 2Q15 Call: We continue to be fully hedged for remainder of the 2015 at an average rate of a $1.58. For 2016, we increased our hedge percentage from 72% at end of first quarter 90% today, at an average rate of a $1.61. We are now 40% hedged for 2017 at an average rate of $1.62, up from the 20% we reported in the first quarter.
$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.