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Retail bookseller $BKS said that digital book business grew for about $400MM in 2010 to about $3Bil in 2013. Since this, ebook sales have plateaued & physical book sales have stabilized. At present, $BKS estimates physical book sales to account for about 85% of overall US book market, and market share for physical is about 20% and for ebook is 9%.
$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.