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$CMC's Americas Mills segment recorded adjusted operating profit of $50.7MM for 2Q16, down from $59.5MM last year. The decline was due to 8% margin compression as the average selling price decreased $152 per short ton, which more than offset a $123 per short ton decrease in the average cost of ferrous scrap consumed.
$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.