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Piper Jaffray analyst Joshua Long questions on consumer environment. $PLKI says that it remains in a value-oriented environment despite better gas prices & unemployment rate. Value was very operative in 2Q16 & is expected to continue throughout the year. $PLKI has made adjustments to the calendar for 3Q16 & 4Q16 to stay on top of that expectation.
$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.