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Home builder $TOL reported a rise in 3Q16 earnings driven by 24% jump in revenues, a 210 basis point improvement in gross margin and a 70 basis point decline in selling, general and administrative expenses. Net income rose to $105.48MM or $0.61 per share from $66.75MM or $0.36 per share last year. Revenues grew to $1.27Bil from $1.03Bil.
America becomes great again!! $GM plans to move automobile production from Mexico to US, adding thousands of jobs.
$KMI will report its 4Q results today. Any idea what to expect?
Music enthusiasts get a late Christmas present from $AAPL! GarageBand and Logic Pro X both will get updates and it is big! While it won’t have a huge impact on the stock price, Apple is up a little nevertheless.
$UNH finishes 2016 Strong. Having high hopes for UnitedHealth in 2017.
Denial is the first step to acceptance and $JPM was no exception. Racial discrimination against over 50,000 mortgage borrowers and caught red-handed, but still denying it. But at least the bank said it will pay $55 million as settlement for this issue.