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During 2Q16, $JOY's decremental margin on the YoverY sales decline was 34%, bringing the YTD decremental margin to 38%. With the company having its targeted cost reduction in the back half of the year, $JOY is on track to meet or be the targeted 34% decremental margin for the year. Income tax rate, excluding call-outs & discrete benefits was 51%.
$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.