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On a GAAP basis, $MTB's 3Q16 results produced an annualized rate of return on average assets of 1.12% and an annualized rate of return on average common equity of 8.68%. Net operating income yielded annualized rates of return on average tangible assets and average tangible common shareholders' equity of 1.18% and 12.77% in the recent quarter.
$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.