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In 3Q16, the value of $DHI's net sales orders increased 14% to $3.4Bil versus 3Q15. Avg. sales price on net sales orders was $293,300. The cancellation rate was 21%. Backlog conversion rate was 78% at the midpoint of the guidance range given in 2Q16. Gross profit margin on home sales revenue was 20.3%, up 40BP from 2Q16.
Does anyone feel $SBUX CEO Schultz stepping down could prove a disaster for the company?
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.