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Maker of flavors & fragrance $IFF said that 2015 currency neutral sales rose 5%, which comprises growth of 6% in Flavors and 4% in Fragrances. Top line growth benefited from a 2 percentage point contribution from the acquisition of Ottens Flavors and Lucas Meyer Cosmetics. On currency neutral basis, consolidated adjusted operating profit rose 8%.
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.