Want to join the conversation?
In 2016, $TRN expects to eliminate approx. $1.15Bil of revenues related to railcar sales to its leasing company and lease fleet maintenance. The company expects to defer approx. $215MM of operating profit. $TRN is maintaining its Energy Equipment guidance for 2016 revenues of approx. $1Bil with an operating margin of approx. 12%.
$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.