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Maker of Cabin Vacation Homes $CVCO said that 1Q17 net revenue was $185.1MM, up 14.5% vs. $161.7MM in 1Q16. The increase in revenue was from achieving 3,395 home sales this quarter, up 17% vs. 1Q16. Consolidated gross profit as a percentage of net revenue was 17.9% vs. 19.7% in 1Q16, hurt by higher insurance claim activity at Financial Services.
$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.