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Susan Maklari of UBS asks about labor trends. $TOL CEO Doug Yearley replied labor issues are improving. He added that the company had very modest cost increases in 2Q16, about $4,300 per house and about 40% of that increase was associated with labor and the balance was materials.
$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.