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Poultry producer $SAFM posted higher earnings during 3Q16 helped by increased operating income results. Net income rose to $54.7MM or $2.42 per diluted share vs. $50.9MM or $2.27 per diluted share in 3Q15. Net sales fell 1.6% to $728MM vs. 3Q15, hurt by static food service traffic and demand in the US.
$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!