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For 4Q16, $DHI expects a backlog conversion rate of 81-84% and an avg. sales price of around $290,000. Home sales GM is expected to be around 20%. Homebuilding SG&A is expected to be 8.4-8.7% of homebuilding revenue. Financial Services operating margin is expected to be around 35%. Tax rate is expected to be 35%.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.