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Packaging company $SON said that its BoD declared a quarterly dividend of $0.37 per share, on June 10, 2016, to shareholders of record as of May 13, 2016. CEO Jack Sanders said that the company is planning to repurchase up to $100MM of its outstanding common stock during 2016. $SON expects to return about $240MM in cash to shareholders in 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.