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$CTSH said consulting & technology services and outsourcing services represented 57.8% and 42.2% of revenue, respectively for 1Q16. Consulting & technology services declined 1.6% sequentially and grew 12.9% YoverY. Outsourcing services revenue was flat sequentially and grew 6.2% from 1Q15.
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.