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$FDX's effective tax rate was 34.5% for 2Q16 vs. 36.6% last year. The tax rates fell primarily due to the resolution of a state income tax matter during 2Q16. For 2016, $FDX expects an effective tax rate of approx. 36% prior to any year-end mark-to-market accounting adjustment for defined benefit pension and postretirement healthcare plans.
$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.