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$SWK anticipates annual net cost savings of approx. $40MM relating to its 2015 restructuring actions. The approx. $40MM annual net cost savings include $6MM pertaining to the company's Tools & Storage segment, $22MM relating to the Security segment, and $12MM pertaining to the Industrial segment.
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.