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$HD 2Q15 Call: Sales were $24.8Bil up 4.3% vs. 2Q14. Stronger USD negatively impacted sales growth by approx. $365MM or 1.5%. Total company’s same-store sales were positive 4.2%; with positive comps of 2.6% in May, 3.6% in June & 6.1% in July. Comps for US stores were positive 5.7%, with positive comps of 3.5% in May, 5.1% in June & 8.2% in July.
$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.