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$SXI said in 4Q16 gross margin grew on a GAAP and a non-GAAP basis despite the drop in revenue. Adjustments from GAAP to non-GAAP operating income were $8MM. The company said the GAAP tax rate of 13.9% in 4Q16 was due to the impact of the RPM divestiture along with a charitable contribution of vacant real estate and the mix of US to foreign income.
$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!