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In early July, $GXP filed a $62.9MM rate increase in KCP&L Missouri jurisdiction on approx. $2.6Bil of rate base with return on equity of 9.9%. This request also includes an additional $27.2MM associated with the rebasing of fuel and purchase power expense. $GXP expects new rates are expected to be effective in 2Q17.
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.