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Media company $NWS $NWSA posted higher earnings during 4Q16 due to robust YoverY growth in revenues and EBITDA at Digital Real Estate Services and an upturn at HarperCollins. Net income was $89MM or $0.15 per diluted share vs. net loss of $379MM or $0.65 loss per diluted share in 4Q15. Total revenue rose 5% vs. 4Q15.
$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!