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$KO 2Q15 Q&A: Spillane of BofA asked a question about negative geographic mix and its effects on profitability. Kathy, answered that KO’s margins were negatively impacted by currency and structural. GM on comparable basis was a loss. But taking out currency & structural, KO had positive margins. And the issue is more about GM not operating margin.
$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.