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$DOV's effective tax rate for continuing operations for 1Q16 was 22.1% vs. 28.8% in 1Q15, which includes favorable discrete items of $7.3MM. Excluding these discrete items, the effective tax rate was 27.9% for 1Q16. The 2016 discrete items principally ensued from the impact on deferred tax balances of a tax rate reduction in a non-US jurisdiction.
$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.