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Homebuilder $MDC reported home sale revenue growth of 24% to $571.2MM in 2Q16 versus $461.7MM in 2Q15. GM from home sales is expected to be flat versus prior year. Dollar value of net new orders was up 15% to $723.3MM and ending backlog dollar value was up 42% to $1.61Bil in the quarter.
$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?