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Tobacco merchant $UVV said that its FY16 segment operating income excluding items was $186.1MM, up 11%, from FY15, helped by a reduction in SG&A costs and improved GM on modestly higher sales volumes. FY16 revenues fell 7% to $2.1Bil, hurt by lower green leaf costs and lower processing revenues, partly mitigated by higher volumes.
$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.