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Flow measurement products maker $BMI reported an increase in 1Q16 results helped by higher sales of municipal water products. In 1Q16, net earnings were $7.99MM, up 89% from $4.22MM in 1Q15. Diluted EPS was $0.55, up 89.7% from $0.29 in 1Q15. Net sales increased 20.2% to $100.5MM compared to 1Q15.
$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.