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$APC 2Q15 Q&A: Paul from Wolfe Research asked future hedging program. James explains we think of hedging as just balance sheet insurance. And we try every year to think, at the right times, to maybe have as much as half of our commodity exposure hedged just for that reason.
$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.