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$AXP posted a 2% increase in 1Q16 revenue, while net income fell by 6% YoverY. The New York City-based credit card provider reported net income of $1.4Bil, or $1.45 per diluted share, down from $1.5Bil, or $1.48 per diluted share, in the prior year quarter. Consolidated total revenues net of interest expense grew to $8.1Bil from $8Bil a year ago.
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.