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$GIS's constant currency international profit rose 19% in 2Q16. The company expects interest expense to be down mid single digit for FY16. Reported effective tax rate was 37.4% for 2Q16, up 6 points YoverY, driven by the tax impact of Green Giant divestiture. $GIS expects FY16 tax rate to be comparable to last year.
$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.