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Clothing retailer $FRAN reported a 14% rise in 2Q16 earnings driven by higher sales. Net income rose to $10.59MM or $0.27 per share from $9.3MM or $0.22 per share last year. Net sales grew 9% to $115.26MM, on addition of 44 net new boutiques and 37% jump in ecommerce sales driven by increased website traffic and conversion rate.
$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.