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The increase in the effective income tax rate for 4Q15 was due to the write-off of a $399MM deferred income tax asset as a result of the increase in $DIS's ownership of Euro Disney S.C.A. in connection with the Disneyland Paris recapitalization. This impact increased the current quarter effective tax rate by 12.4 percentage points.
$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!