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Simeon Gutman of Morgan Stanley asks about the impact on margins from investments in the commercial business. $AZO said the multiple frequency delivery initiative had a 20-25BP impact on GM. $AZO does not expect the new distribution centers which will be rolled out to deleverage GM in any meaningful way.
$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!