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$TSS expects 2016 adjusted margin to grow about 100 BP over 2015. Tax rate is expected to be 33-34% and is expected to stay in the range for next 3 quarters. CapEx was $44.4MM, and free cash flow was $101.4MM in 1Q16, and with the addition of TransFirst, company expects 2016 free cash flow to be $510-540MM.
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.