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For 1Q16, $WRK anticipates its depreciation and amortization expense to be about $285MM; book interest expense of $65MM; interest income to be $12MM; and book tax rate 33-35%. Further, the company estimates its CapEx to be around $850MM for the fiscal year 2016.
$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.