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Internet giant $YHOO reported a steep loss in 2Q16 hurt by higher loss from operations and an increase in operating expenses. Net loss was $440MM or $0.46 per share in 2Q16 compared to $22MM or $0.02 per share in 2Q15. Revenue increased to $1.3Bil from last year.
$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.