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$JCI, which makes automotive parts such as batteries and HVAC equipment, reported a loss for 2Q16, hurt by costs and higher taxes. The company however raised its full year fiscal 2016 EPS guidance to reflect a fall in annual effective tax rate.
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.