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Home builder $TOL reported a rise in 3Q16 earnings driven by 24% jump in revenues, a 210 basis point improvement in gross margin and a 70 basis point decline in selling, general and administrative expenses. Net income rose to $105.48MM or $0.61 per share from $66.75MM or $0.36 per share last year. Revenues grew to $1.27Bil from $1.03Bil.
$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!