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In 2016, $KMB plans to achieve cost savings of at least $350MM from its FORCE (Focus On Reducing Costs Everywhere) program, and at least $50MM from its 2014 organization restructuring. The company anticipates the net impact of changes in commodity costs to be between deflation of $100MM and $50MM of inflation.
$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.