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$TOL said Backlog of $4.19Bil and 4,940 units rose 20% in dollars and 13% in units in 2Q16 from a year ago. At 2Q end, the average price of homes in backlog was $848,600, compared to $793,800 a year ago. Gross margin, excluding interest and write-downs, was 25.7%, compared to 25.3% a year ago.
$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.