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Information technology provider $CTSH reported losses of $2.5MM in 1Q16 on contracts that settled during this period. As of March 31, 2016, company has outstanding contracts with a notional value of $2.3Bil and weighted average contract rate of INR70.8 to the US dollar.
$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.