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$RL's net revenues for 4Q16 were flat with last year on constant currency basis and fell 1% on a reported basis to $1.87Bil. The decline in reported net revenues was in line with guidance provided in February of 0-2% decline and included about 110 basis points of negative impact from foreign currency effects.
$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.