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$MEI, a maker of electrical components for the auto and computer industries, reported a decline in 4Q16 earnings due to lower sales from Power Products and higher pricing concessions in Automotive segment. Net income fell to $22.6MM or $0.60 per share from $26.6MM or $0.68 per share last year. Net sales slid to $212.8MM from $227.3MM.
$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.