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During 2Q16, $LLTC's effective income tax rate was 19.5% vs. 22% in 2Q15. 2H16 effective income tax rate was 22.6% vs. 24.1% in 2H15. Excluding the effect of quarterly discrete tax adjustments, the company expects its annual effective income tax rate for FY16 to be in the range of 24.0-24.5%.
$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.