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$HRL's research and development, or R&D, expenditures for FY15, FY14, and FY13 were about $32MM, $29.9MM, and $29.9MM. This continues to be vital strategy to extend existing and expand new brands. There are about 150 employees engaged in full time R&D, 80 in area of improving existing products and 70 in developing new products.
$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.