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Kristine Kubacki of Avondale Partners asks about SG&A guidance. $GBX said it would expect SG&A to come back down from the 3Q16 level. There are a couple of accruals, one of which is the timing of when the BoD grants long-term incentive compensation. $GBX has adjusted the range slightly downward and is aiming for the upper end of the range.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.
Wanna know what $TSLA announced yesterday? Watch the video!! Tesla Self-Driving Car Level 5 Autonomy. This is crazy!!
Construction equipment supplier $URI reported that in U.S., the employment report for September was encouraging. Geographically, the company is experiencing growth in the east and west coast regions. $URI added that in Canada, the economy is challenging. Rental revenue from Canada was down approx. 10% in 3Q16.
$EBAY earnings reaction.