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$MSI 2Q15 Call: Operating expenses from continuing operations were $393MM, down $69MM or 15% from 2Q14. As of the end of Q2, we are now on a run rate to deliver savings of approx. $175MM vs. 2014. Other income & expense was $39MM compared to $40MM in 2Q14. Our Q2 effective tax rate was approx. 35%. We expect FY15 effective tax rate to be approx.33%
$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!