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$ESV's contract drilling expense declined $66.7MM or 13% for 3Q15, primarily due to rig stackings as well as other cost control initiatives which reduced offshore personnel costs and daily rig operating expenses. Currently, there are approx. 105 uncontracted competitive newbuild jackup rigs scheduled for delivery before the end of 2017.
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.