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In 2Q16, $TXT posted segment profit of $81MM in Aviation. In Bell, segment profit decreased $20MM from 2Q15 reflecting the lower volume and mix. At Textron Systems, segment profit was up $39MM reflecting the higher volume and mix. Industrial segment profit increased $13MM reflecting higher volumes. In Finance, profit fell $3MM.
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.