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Power company $SO reported a decline in 1Q16 earnings due to drop in revenues, mainly from lower fuel costs. Net income slid to $485MM or $0.53 per share from $508MM or $0.56 per share. Excluding items, EPS grew to $0.58 from $0.56, driven by retail revenue effects and lower non-fuel operating and maintenance costs. Revenue slid 5.2% to $3.97Bil.
$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!