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Inventories fell 10% to $447.09MM at Sept. 27, 2015 from $499.15MM at Sept. 28, 2014. The inventory balance at Sept. 27, 2015 includes a drop of approx. $69.8MM resulting from a stronger US dollar. During 3Q15, $HAS finalized the sale of its manufacturing operations in East Longmeadow, MA and Waterford, Ireland, resulting in lower inventory levels.
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.