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$SMTC expects to record a reduction to its GAAP net sales of about $3.8MM in 3Q17, which is expected to reduce GAAP EPS for this same period by about $0.06. $SMTC lowered its 3Q17 net sales outlook to $130-138MM from prior range of $134-142MM and its GAAP EPS guidance to range of $0.43-0.47 from prior estimate of $0.49-0.53.
$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!