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$LM's effective tax rate for 2Q16 fell to 30.5% from 43.1% last year. The decrease was primarily due to tax benefit from reserve adjustments related to conclusion of certain tax examinations, and impacted the effective tax rate by 7.8 percentage points, and the impact of tax rate relative to lower level of pre-tax income in last year.
$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.