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$C 2Q15 Call - John, CFO: 1H15 Results: Total efficiency ratio for Citigroup, including Citi Holdings, was 56%. Net income grew by 17% YoverY. Generated ROA of 103 basis points and return on Tangible Common Equity was 10.5%. In constant dollars, Citigroup end of period loans declined 1% YoverY to $632Bil. Deposits down 1%, driven by Citi Holdings.
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.