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$IBM's transactional sales being down 5% in 3Q16 was an improvement from 2Q16. For the company, 4Q16 is a bigger transactional quarter and looking at the revenue streams in 4Q16, the annuity business has been growing consistently. This growth is expected to continue into 4Q16.
$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.