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$COF said pre-provision earnings decreased 1% on a linked-quarter basis, as higher revenues were offset by higher non-interest expenses. Provision for credit losses increased 4% on a linked-quarter basis, as modestly lower charge-offs were more than offset by a higher linked-quarter allowance build.
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.