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For FY16, $PLCE expects adjusted EPS to be $4.29-4.39 constant currency. Adjusted GM is expected to leverage 90-110BP vs. last year. Adjusted operating margin is expected to leverage 60-70BP vs. last year. Adjusted tax rate will be approx. 35%. Capex will be about $50-60MM. $PLCE plans to open 7 stores and close approx. 35 stores in 2016.
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.