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$PYPL, which competes with $AXP, $DFS, $V and $MA, said that during 1Q16, it processed $21Bil of mobile payment volume, which was up 54%. The number of payment transactions per active account rose to 28, up 12% from 1Q15. The company generated more than $2.5Bil of revenue, up 23% on a currency neutral basis.
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.