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$DRI expects FY17 EPS of $3.80-3.90, which reflects about 128.5MM diluted average common shares outstanding for the year. The company sees Same-restaurant sales growth of 1-2%, new unit openings of 24 to 28 restaurants, and total capital spending of $310-350MM for FY17. Total inflation is expected to be 1.5-2.0% for FY17.
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.