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Energy company $TE reported a rise in its 1Q16 earnings, helped by $5.8MM tax benefit. $TE said its net income during the quarter increased to $73.8MM, or $0.31 per share compared to $58MM, or $0.25 per share during 1Q15. Revenue dropped 5% to $656.3MM. Excluding items, $TE earned $0.31 per share during 1Q15.
$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!