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For 2016, $LEN expects deliveries to be 26,500-27,000 homes. Backlog conversion ratio is expected to be around 75% in 3Q16 and for 4Q16, it is expected to be at least 90%. Operating margins are expected to be flat to down 50BP for 2016. GM in 3Q16 is expected to be 22.5-23% while for 4Q16, it is expected to be 23.5-24%.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.