Want to join the conversation?
Homebuilder $KBH said that during 3Q16, the value of net orders rose 20% to $930MM, which is significant considering the 23% YoverY growth in net order value reported for 3Q15. Due to this, the value of $KBH's backlog expanded 17% to $1.8Bil with the West Coast region up 24%. The company opened 13 communities and closed 28 communities during 3Q16.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.