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$SJM 1Q16 Q&A: David from Citigroup asked on savings which are going to above $200MM & to quantify how much reinvestment you would expect? Richard said, we were doing consulting projects, and we definitely confirm that we can get above $200MM. We really plan on investing that back into the business, but at this point we can’t share those numbers.
$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!