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$CBS' Entertainment revenue for 1Q16 was up 14% to $2.6Bil posting gains in network advertising which rose 49%. Cable Networks revenue was $525MM vs. $539MM in 1Q15 when closing the Bell Media deal. Publishing revenue was even vs. 1Q15 with digital sales representing 28% of the total revenue, while Local Broadcasting revenue grew 9% vs. 1Q15.
$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.