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$DRI's BoD declared a regular quarterly cash dividend of $0.50 per share, up 14% compared to the dividend of $0.4375 disclosed on Nov. 9, 2015. This dividend is payable Feb. 1, 2016 to shareholders of record on Jan. 8, 2016. The BoD has authorized a new share repurchase program under which $DRI may repurchase up to $500MM of its stock.
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.