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Stifel Nicolas analyst Matt Sheerin questions $SNX on market share vs. managing the margins and managing profitability going forward. CFO Marshall Witt says that in prior quarters, performance was a little bit under market. In 2Q16, the company optimized its position and executed very well, but margin improvement is priority for 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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!