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$IR posted improved earnings in 2Q16, helped by higher other income compared to 2Q15. Net earnings were $747.6MM or $2.86 per diluted share compared to $78.9MM or $0.29 per diluted share in 2Q15. Net revenues increased 2% from last year to $3.69Bil. Adjusted continuing EPS was $1.38 in 2Q16.
$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.