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Financial services company $CMA reported a decline in 2Q16 earnings hurt by market conditions and a tough banking environment. Net income was $104MM or $0.58 per share in 2Q16 compared to $135MM or $0.73 per share in 2Q15. Net interest income grew to $445MM from $421MM 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.