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Confectionery, food, and beverage giant $MDLZ reported a higher quarterly profit on lower costs. The company reported a 16% increase in 2Q16 earnings of $0.29 per share, helped by the absence of costs from last year's coffee business transactions. Revenue fell 18% to $6.3Bil, mainly due to the company's deconsolidation of the coffee business.
$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.