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RBC Capital Markets analyst Gerard Cassidy asks $JPM to give color on consumer behavior, whether it has improved and if there are any metrics from that end. CFO Marianne Lake says that the card spend is up 8% YonY, energy continues to be a tailwind for consumers, the labor market continues to be solid and improving, so there is demand here.
$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.