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Waste management services provider $WM reported net income of $258MM or $0.58 per share in 1Q16 compared with a net loss of $129MM or $0.28 per share in 1Q15. Revenues increased 4.5% to $3.2Bil, driven by positive yield and volume in the collection and disposal business and by acquisitions.
$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.