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Semiconductor systems company $MU reported a net loss of $170MM or $0.16 per share in 4Q16 compared to a net income of $471MM or $0.42 per share in 4Q15 hurt by lower revenues. Adjusted net loss was $56MM or $0.05 per diluted share in 4Q16. Revenues were $3.22Bil, down 11% compared to 4Q15.
$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.