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In 1Q16, $LII's net cash used in operations was $113MM. Capex was $24MM, up from $18MM in 1Q15. Free cash flow was a negative $137MM. $LII continues to target $250MM of free cash flow for 2016 overall. Total debt was $1.1Bil at the end of March. $LII paid $16MM of dividends in 1Q16 and at March-end, cash and cash equivalents were $41MM.
$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!