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$PAYX 4Q15 Call: What’s driving 3Q15 movement in HRS is that in the back half of 2015, we had three vectors aligned; real strong growth in the PEO, the start of ACA compliance or ESR product, and strong performance in 401(k). All of those are back half events and impacted 3Q15. By the end of the year it will normalize.
$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.