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$PVH now expects 2016 revenue to increase about 2% on a constant currency basis and about 1% on GAAP basis, as compared to 2015. Net interest expense in 2016 is expected to be $120-125MM compared to $113MM in 2015. $PVH now sees 2016 effective tax rate of about 20% and free cash flow of about $500MM.
$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.