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Adam Josephson of KeyBanc asks about the expected geographic composition of earnings during 2H16. $GEF CFO Larry Hilsheimer said the company does not provide earnings expectations by geography. In 2Q16, about 48% of sales came from the US, 37% from EMEA and 15% from Rest of the World and same is expected to be consistent for remainder of the 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.