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New Jersey-based company $MOV said 1Q17 results are in line with expectations. GM was 53.8%, up 140BP versus last year and adjusted operating income was $7.2MM, down 24.7% to last year. Brands outpaced competition gaining market share across major geographies and markets.
$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.