Want to join the conversation?
$BBY said that capex for FY16 totaled $649MM and for FY17 capex is expected to be in the range of $650-700MM. For 1Q17, the company believes that the softness in mobile phones will continue and Enterprise comp sales is expected in the range of negative 1-2%, driven by continued softness in the mobile and tablet category.
$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.