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$KO 2Q15 Q&A: On a question asked by Faucher of JP Morgan about advertising margins, Muhtar answered that overall pleased with initial results; takes 12-18 months to realize full value in terms of ROI. In China, seeing positive trends. YTD, marketing investments is growing and margins are expanding by 50 BP.
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.