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$AMGN still sees restructuring to result in pre-tax accounting charges of $800-900MM, of which $668MM was incurred through March 31, 2016. The restructuring charges recorded in 1Q16 were not significant. $AMGN will incur most of remaining estimated costs in 2016 and 2017 in order to support ongoing transformation and process improvement efforts.
$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.