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$HAR's Connected Car gross profit as a percentage of net sales rose 0.6 percentage points YoverY to 24.8% for 2Q16, due to improved leverage of fixed costs over a higher net sales base and lower warranty costs. On the other hand, Lifestyle Audio gross profit as a percentage of net sales fell 2.0 percentage points YoverY to 32.6%.
$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.