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Last quarter, $SNI said that it had shifted some marketing and promotional expenses to later quarters. Due to the continued advertising strength and ratings improvement, the company was able to postpone the marketing expenses out of 2Q16. $SNI expects to spend these marketing dollars later in the year.
$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!