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$GPRO, producer of cameras and accessories, reported a net loss of $91.7MM or $0.66 per share in 2Q16 compared to a net income of $35MM or $0.24 per share in 2Q15, hurt by lower revenues. Total revenues declined 47.4% to $221MM from last year.
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.