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St. Paul, Alaska-based $FUL said gross margins improved 220 BPs in 2Q16 versus the prior year. Gross margin was up about 70 BPs sequentially. At about 30%, the company's adjusted gross margin now stands at the highest level achieved in recent history and on track to reach $FUL's long-term targets.
$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.