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Luxury jeweler $TIF reported a drop in 1Q16 earnings due to lower operating margin as improved gross margin was more than offset by a lack of sales leverage on operating expenses. Net income fell to $87.5MM or $0.69 per share from $104.9MM or $0.81 per share last year. Net sales dropped to $891.3MM from $962.4MM.
$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.