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In FY16, $DHI expect to generate a consolidated pre-tax margin of 10.5-11%, generate consolidated revenues in between $12Bil and $12.5Bil and to close between 39,500 and 41,500 homes. $DHI anticipates home sales gross margins for the FY16 will be in the high 19-20% with potential quarterly fluctuations that may range from 19-21%.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!