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Offshore drilling company $DO said it has entered into a Joint Development Agreement with Trelleborg's offshore operation to develop, manufacture and market its Helical Buoyancy riser technology. This riser buoyancy design reduces riser drag and mitigates Vortex-Induced Vibration in offshore applications and enables improved operational efficiency.
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.