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$CMA said that its 4Q15 loan yield jumped 7 BP and the company had higher interested collected on non-accrual loans and benefited from 25 BP increase in short-term interest rates. Period-end deposits were $59.9Bil and $CMA prudently manages the pricing on deposits. The company stated that it has not brought about any standard pricing adjustments.
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.