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Clothing chain $CHS reported a decline in 1Q16 earnings due to increased promotional activity in response to lower traffic and sales deleverage of store occupancy expenses. Net income slid to $31.08MM from $32.53MM last year, while EPS rose to $0.23 from $0.22 on lower weighted average shares outstanding. Non-GAAP EPS fell to $0.25 from $0.30.
$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.