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$XOM 2Q15 Q&A: Leggate of BofA asked a question about tax, change in Canadian tax regime. Jeff commented that XOM’s tax in 2Q15 vs. 2Q14 was up just over 3%. About 5% of that was associated with one-time tax items, largest piece being the Alberta tax. Rest of closure on the down about 1% is due to portfolio mix. Sequentially XOM is up almost 12%.
$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.