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Money manager $LM reported a drop in 1Q17 earnings due to acquisition and transition-related costs, compensation charge related to the Royce management equity plan grant and contingent consideration fair value adjustment. Net income fell to $45.34MM or $0.31 per share from $94.94MM or $0.84 per share in 1Q16. Revenue slid 1% to $700.17MM.
$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.