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Scot Ciccarelli from RBC Capital Markets asks about the relative size of the impact of promotions and mix on margins in 1Q16. $LOW said that the following factors impacted margins, namely the mix of products sold and the recent activity target promotions, each having about 15 BP impact.
$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.