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$MAT said it suffered unrealized foreign currency exchange loss of approx. $26MM due to a weak Venezuela currency in 1Q16. Plunging oil prices have created havoc in the Venezuela economy and this has even prompted U.S. consumer goods giant $PG to remove its operations in the country from its consolidated financial reports.
Biodefense therapeutics firm $PIP announced an all-stock merger with biotech Altimmune. The respective boards of the two companies unanimously approved the merger.
$YHOO is reporting today after market close. Nobody cares about this stock.