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Paul Trussell of Deutsche Bank asks for some broad color on guidance. $COST said it expects an improvement in the SG&A component called merchant and bank fee. The company expects increases in international membership fee and this will improve over a nearly two-year period. There are also some other small items which are positive.
$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.