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$MCD 2Q15 Call: Operating income for the quarter totaled $1.8Bil, down $127MM or 6% in constant currencies. The US and Japan accounted for over 80% of the quarter’s overall operating income decline. The largest driver of operating income continues to be the franchise margins, which totaled $1.8Bil, a 2% increase in constant currencies.
$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!