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2Q16 operating expenses decreased 8% YoverY to $540MM for $LM. $LM expects 3Q16 operating margin to be impacted by approx. $3MM in incremental spending related to the ETF launch. Annual dividend increase was achieved for six straight years in a row.
$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.