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$TAP expects 2016 marketing, general and administrative expense to be approx. $120MM. The company currently anticipates up to approx. $20MM of cash contributions to its defined benefit pension plans in 2016 and pension expense of approx. $8MM, based on foreign exchange rates as of Dec. 31, 2015.
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.