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In 1Q16, $LEN reported deliveries of 4,832 homes, an increase of 12% from 1Q15. $LEN had new orders of 5,794 homes, up 10% and the new orders dollar value was $2.1Bil, up 15%. The company had a backlog of 7,670 homes, up 13% and the backlog dollar value was $2.8Bil, up 19%. GM on home sales was 22.7%.
$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.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?