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Bureau of Economic Analysis: Profits from current production decreased $22.7Bil in 3Q15, in contrast to a rise of $70.4Bil in 2Q15. Profits of domestic financial corporations decreased $8.5Bil in 3Q, while profits of domestic nonfinancial corporations increased $15.8Bil. The rest-of-the-world component of profits dropped $30Bil.
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.