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$KORS added 39 new stores in 2Q16, 23 in the Americas, including 18 previously opened stores from the Panama joint venture, 12 in Europe and four in Japan. The company expanded or relocated 13 stores and ended the quarter with 589 company-owned stores including concessions and 804 stores overall, including licensed locations.
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.