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$KBH's homebuilding operating income in 1Q16 grew 32% to $19MM from $14.4MM. The current quarter included a land sale loss of $0.9MM, compared to a $6MM land sale gain in 1Q15. Homebuilding operating income margin grew 30 BPs. Excluding land sale results, homebuilding operating income margin rose 140 BPs to 3%.
$YHOO is reporting today after market close. Nobody cares about this stock.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.