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$PLKI said G&A expenses are expected to be approx. 2.9-3.0% of systemwide sales, maintaining an investment rate that supports long-term growth. CapEx is expected to to be in the range of $10-15MM, including approx. $10MM for company-operated restaurant development. The effective income tax rate in 2016 is expected to be approx. 38%.
$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.