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For 3Q16, $PLCE expects negative currency impact of about $0.03 to adjusted diluted EPS. Adjusted GM is expected to leverage 80-90 BPs. Adjusted SG&A is expected to rise $7-9MM and depreciation is expected to be about $16.5MM. Adjusted operating margin is expected to deleverage 70-90 BPs versus 3Q15.
$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.