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For 1Q16, $FRAN expects net sales to be in the range of $108-112MM, which assumes a mid-single digit increase in comparable sales vs. 1Q15 comparable sales decrease of 2%. The company plans to open 20-25 new boutiques and close 1-3 underperforming boutiques in 1Q16. 1Q16 diluted EPS is expected to be in the range of $0.17-0.20.
$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.