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$JEC's SG&A expenses for 1Q16 increased 5.5% to $381MM from last year. Net interest expense for the three months ended January 1, 2016 decreased 56.5% to $1.3MM from last year. The effective income tax rate for 1Q16 declined to 12.9% from 31.4% last year.
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.