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$BSX said that 1Q16 adjusted GM was 72.3%, increasing 100 BP YoverY. The increase resulted mainly from cost improvements driven by value improvement programs and favorable mix, partially offset by price. The company expects full-year 2016 adjusted GM to be in the range of 72-73%, which it forecasts to include approx. 50 BP of unfavorable FX.
$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.