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UBS analyst Brent Thill asked the reason for the weak 4Q16 forecast, pointing that it is below The Street estimate. $MSFT CFO Amy Hood said PC weakness and traditional transactional office business will be impacting Productivity and Business Processes segment. In More Personal Computing segment, the largest impact is from phone, said Amy Hood.
$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!