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$VLO said that its ethanol segment generated $37MM of adjusted operating income in 4Q15 versus $154MM in 4Q14, due primarily to lower gross margin per gallon driven by a decline in ethanol prices versus relatively stable corn prices. Ethanol production volumes were 3.9MM gallons per day in 4Q15, an increase of 131,000 gallons per day versus 4Q14.
$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.