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$GCO said FY17 tax rate is expected to be 36.4%. The company expects CapEx in the $110-120MM range, which is down from prior planned levels and including some investment in a planned expansion of the Journeys distribution center. Depreciation and amortization is estimated at $76MM and $GCO is assuming average shares outstanding of 20.4MM for FY17.
$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!