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Philip Winslow with Credit Suisse asked about commercial cloud and Azure growth. $MSFT CEO Satya Nadella said that it's a combination of the work the company is doing in the SaaS, PaaS, IaaS and the hybrid cloud layer. $MSFT's strategy is not to compete in these constituent parts independently with different competitors but bring one architecture.
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.