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Bank of America Merrill Lynch analyst Timna Tanners asks about the timing of the diesel tailwinds helping $MLM. CEO Howard Nye said that the company used just about 10MM gallons of diesel for 1Q16, priced at $1.84 a gallon. This includes the cost of the fixed price hedge in there. The hedge gave about $4.5MM headwind.
$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.