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$AXP's consolidated provisions for losses were $504MM in 3Q16, down 5% from $529MM a year ago. The prior year included credit costs associated with cobrand portfolios that were sold earlier in 2016. Excluding the impact of the cobrand portfolios, adjusted provisions for losses increased 6%, mainly reflecting higher loan growth.
$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.