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Packaged food company $CAG said that a significant portion of annul operating cash flow will be generated in the latter part of the year due to seasonality and normal inventory cycle. The company expects total operating cash flows from continuing and discontinued operations to be in the range of $1.2Bil for 2016.
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.