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$KBH reaffirmed its previously disclosed financial targets for 4Q16. $KBH decided to sell more than 20 land parcels that no longer fit into its business plans, rather than sell and build homes on the parcels as previously intended. The company provided a range of estimated 4Q16 inventory-related charges of $30-40MM.
$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!