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$GWW used the cash generated, along with short term borrowings, to invest in the business and return cash to shareholders through share repurchase and dividends. The company returned $245MM to shareholders through $73MM in dividends and $172MM to buy back 893,000 shares of stock.
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.