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Macquarie analyst Tim Nolan questions $IPG whether there will be any slowdown in UK or Europe if advertisers might shift dollars to a strong region like US. CEO Michael Roth says that 62% of the business comes from US, and if UK or European companies are looking to break into US, $IPG has plenty of competitive offerings to pick up the business.
$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.