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$OI's total asbestos-related accrual is expected to be $806MM at end 1Q16 versus $522MM at end FY15. Company is amending its 2015 10-K to reflect total liability for asbestos-related costs with the 2013-2015 time period reflecting the revised methodology. This will have no impact on cash, adjusted EPS, and on company's current or future business.
$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.