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For 3Q16, $KBH expects housing revenues of $900-960MM. For 2016, $KBH is raising its housing revenue guidance to $3.45-3.7Bil. For 3Q16, ASP is expected to be $375,000-380,000. GM is expected to be 16.5% in 3Q16 and for the full year, it is expected to be 16.7-16.9%. SG&A expense ratio is expected to be 10.8% in 3Q16 and just below 11% for 2016.
$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!