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$MMM 2Q15 Call: We expect organic growth of 2.5-4% versus the prior expectation of 3-6%. With respect to earnings, we now anticipate EPS in the range of $7.8-8 vs. the prior range of $7.8-8.10. We expect currencies to reduce sales by 6-7%. Our tax rate guidance is unchanged to 28.5-29.5%. We expect free cash flow conversion rate of 90-100%.
$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.