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Specialty retailer $CATO said sales for August, 2016 were $62MM, down 7% versus August, 2015. Same-store sales in August were down 8% to the prior year. YTD sales were $584.1MM, down 2% from the prior-year period. YTD same-store sales decreased 4%. As of Aug. 27, 2016, $CATO operated 1,373 stores in 33 states.
$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.