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$PNC said that Thomas Melcher, managing executive of Hawthorn, PNC Family Wealth, will succeed James Dunigan as PNC Asset Management Group's CIO, effective Jan. 1, 2016. Melcher and Dunigan, who will be retiring in 2016, will work closely through mid-2016 to transition Dunigan's additional responsibilities as managing executive.
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.