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$STX 4Q15 Call: Non-GAAP OpEx was $515MM, reflecting expense control around the core business and new adjacencies in addition to lower variable compensation. CapEx was in line with expectations. Inventory levels were reduced 8% sequentially and STX exited 4Q15 with the lowest level of HDD finished goods inventory value since 2009.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!