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Fashion retailer $LB said it is restructuring its Victoria's Secret business into three units: Victoria's Secret Lingerie, PINK and Victoria's Secret Beauty. $LB said the plan is to further focus the brand on its core merchandise categories and streamline the operations. It said would cut about 200 jobs in connection with the restructuring.
$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.