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Sales of new single-family houses in Oct. were at a seasonally adjusted annual rate of 495,000, according to estimates released by the U.S. Census Bureau and Department of Housing and Urban Development. This is 10.7% above Sept. revised rate of 447,000, and is 4.9% above last year's estimate of 472,000.
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.