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Maker of infant formula $MJN said it made strong investments in support of the Enfinitas launch in China & expansion of distribution reach. 2Q16 sales were $942MM with reported net sales being $9MM lower than 2Q15. The company said that currency adversely impacted its results by 500 BP. Due to this, constant dollar sales were 4% below that of 2Q15.
$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.