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Housing Starts Update: Privately-owned housing completions in July were at a seasonally adjusted annual rate of 987,000, 2.4% above the revised June estimate of 964,000 and 14.6% above the July 2014 rate of 861,000. Single-family housing completions in July were at a rate of 627,000, 1.4% below the revised June rate of 636,000.
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.