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Business services provider and copier company $XRX reported a jump in 2Q16 earnings driven by lower costs and expenses. Net income rose to $155MM or $0.15 per share from $12MM or $0.01 per share last year. Revenues slid 4% to $4.39Bil. Adjusted EPS increased by $0.07 to $0.30, driven by lower tax rate, fewer shares and higher operating profits.
$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.