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In 1Q16, $BK said adjusted income before income taxes was up 4% YoverY. Return on tangible common equity was 21%. Asset servicing fees were flat YoverY and clearing services fees were up 2% YoverY. Issuer services fees were up 5% while treasury services fees were down 4% YoverY. Investment management and performance fees were down 6% YoverY.
$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.