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$AXP expects total spending on growth initiatives during 2016 to be at a higher level. The increased spending will support initiatives including potential opportunities within the US marketplace. The company currently anticipates marketing and promotion expenses in 2016 to be at least $200MM above the 2015 level of $3.1Bil.
$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.