Want to join the conversation?
$CUB expects FY16 consolidated sales to be $1.435-1.455Bil and adjusted EBITDA to be $112-120MM, both below the previous guidance range. GAAP EPS and EBITDA are also expected to be below previous guidance. Sales, EBITDA, Adjusted EBITDA and GAAP EPS were lower than expected in 4Q16 mainly due to funding delays for certain higher margin orders.
$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!