Want to join the conversation?
Aerospace and defense technology firm $NOC said that its 1Q16 operating costs and expenses as a percentage of sales rose vs. 1Q15 bringing down the operating margin rate to 12.4%. The increase in operating costs and expenses was driven by $34MM of lower segment operating income and a $9MM decrease in net FAS/CAS pension adjustment.
$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.