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Homebuilder $KBH said that during 3Q16, the value of net orders rose 20% to $930MM, which is significant considering the 23% YoverY growth in net order value reported for 3Q15. Due to this, the value of $KBH's backlog expanded 17% to $1.8Bil with the West Coast region up 24%. The company opened 13 communities and closed 28 communities during 3Q16.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.