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$HRB's effective tax rate for continuing operations, including the effects of discrete income tax items, for 1H15 rose to 43.7% from 41% in the previous year period. Due to loss in both periods, discrete tax benefit in either period increases the tax rate while item of discrete tax expense decreases tax rate.
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.