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$ABBV said its adjusted gross margin for 2Q16 was 81.9% of sales. On a comparative year-over-year basis, this ratio reflects an adverse impact from ForEx of roughly 320 BPs. The adjusted gross margin also reflects 150 BPs of unfavorable impact related to the Pharmacyclics acquisition, including the profit transfer for Imbruvica.
$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.