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Greensboro, North Carolina-based supplier of radio frequency systems $QRVO posted a net loss of $24.2MM, or $0.18 per diluted share in 4Q16, compared to net income of $6.5MM, or $0.04 per diluted share, in the prior year quarter. Revenue declined 4% YoverY to $608MM.
$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.