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Medical device company $MDT posted higher 3Q16 net income of $1,095MM or $0.77 per diluted share vs. $977MM or $0.98 per diluted share in 3Q15, helped by lower provision for income taxes. Non-GAAP diluted EPS was $1.06, down 1% vs. 3Q15. Worldwide revenue rose 6% to $6.934Bil vs. 3Q15 where foreign currency translation negatively impacted revenue.
$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.