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Financial services firm $FITB said the Federal Reserve System did not object to its proposed capital actions from July 1, 2016 through June 30, 2017. The capital plan included increasing quarterly dividend to $0.14 in 4Q16 and share repurchase for up to $660MM, including $84MM in repurchases related to share issuance under employee benefit plans.
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.