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$LH 2Q15 Call: SG&A was $384MM or 17.3% of revenue, a 200BP reduction compared to last years’ adjusted SG&A. The increased in SG&A was primarily due to Covance & personal cost, partially offset by Project LaunchPad savings. Excluding Covance & special charges, SG&A as percentage of revenue would have been 19%, an improvement of 30BP over last year.
$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.