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$CMG opened 58 new restaurants during 2Q16, bringing total restaurant count to 2,124. Food costs rose 110 points to 34.2% of revenue from last year, on increased costs at suppliers related to new food safety procedures and food waste costs. This was partially offset by benefit of menu price increases implemented in select restaurants in 2H15.
$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!