Want to join the conversation?
Charles Bradford from Bradford Research asked whether $AA booked or expects to book any profit from the sales of its insurance policies. The company said that there was no accounting gain on those sales. As a result of lower tax basis, the company will have some tax expense associated with it, but no book gain, said the company.
$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.