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$TGT, the second-largest U.S. discount retailer behind $WMT, reported a 1 cent increase in 1Q16 profit from cont. ops., and net sales slipped due to the sale of the company's pharmacy and clinic businesses. 1Q16 net earnings were $632MM, or $1.05 per share, compared to $635MM, or $0.98 per share a year ago. Net sales fell 5.4% to $16.2Bil.
$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.