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Automotive giant $GM reported a jump in 4Q15 earnings driven by $3.9Bil non-cash benefit related to valuation allowances on certain Europe deferred tax assets. Net income rose to $6.3Bil or $3.92 per share from $1.1Bil or $0.66 per share last year. Revenue remained flat with last year of $39.6Bil. Adjusted EPS increased 17% to $1.39.
$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.