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$NOV 2Q15 Q&A: Tillery from Tudor Pickering asked about 3Q15 decremental margins within Rig Systems. Clay explained that there is a wide range of variable margins within the products that rig systems sell. In 3Q15 we are kind of going to revert to with the more normal level of operating leverage for the business.
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.