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$CNP 2Q15 Q&A: Are you still sticking to the policy of 60-70% of Utility earnings & paying all the Enable cash distributions out? Bill, CFO: Numbers may workout fairly closely. It’s certainly our intent to have Utility operate such that we retain 30-40% for reinvestment. We will target dividend growth with our earnings growth at high payout ratio.
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.