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$SJM 1Q16 Call: Our full-year estimate for free cash flow has increased from $850-900MM, assuming CapEx of $200MM. We expect the YoverY EPS growth to fall in the back half of fiscal year. We anticipate second quarter results to be slightly behind last year, primarily due to planned significant increase in margin expenses in support of our brands.
$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!