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Computer networking company $FFIV reported a decline in 2Q16 earnings due to patent litigation expense, stock-based compensation and amortization of purchased intangible assets. Net income slid to $75.42MM or $1.11 per share from $85.73MM or $1.18 per share last year. Revenue grew to $483.68MM from $472.14MM. Non-GAAP EPS rose to $1.68 from $1.59.
$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!