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UBS analyst Susan Maklari questions about the raw material costs, some of which are favorable while others are becoming more of a headwind. $MHK CFO Frank Boykin said that the biggest changes in raw material are in the North American segment. For 2016, raw material costs are going to remain stable given the flow-through of costs & ASPs are down.
$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!