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$MHK's 3Q15 gross profit increased 18.9% YoverY to $661.4MM, or 30.8% of net sales. As a percentage of net sales, gross profit increased 280 basis points. The increase in gross profit dollars was primarily attributable to higher sales volume, operations productivity, and lower input costs.
$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.