Want to join the conversation?
Rayna Kumar with Evercore probes on the reasons of the company bringing the Payroll service revenue guidance down to to 3-4% from 4% growth. $PAYX said the guidance was approx. 4% when it was discussed in 4Q16. So it reflects fine tuning looking through the remainder of the quarters & year. Consequently, it doesn't represent a significant change.
$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.