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Tim Conder of Wells Fargo Securities asks for an update on inventory. $HAS CEO Brian Goldner replied that the inventory is in very good shape, consistent with the company's forecast and well balanced between regions. He added that about 40% of the incremental inventory in 2Q16 was up in the US and 60% in the international markets.
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.