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Metal manufacturer $WOR reported a jump in 1Q17 earnings on higher gross margin and favorable impact of lower impairment and restructuring charges. Net income grew to $68.54MM or $1.02 per share from $31.97MM or $0.48 per share last year. Net sales fell 3% to $737.55MM on lower volume in certain Pressure Cylinders businesses and Engineered Cabs.
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.