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$BBY 2Q16 Q&A: Binder of Jefferies & Co. asked about if thoughts around leverage and buy back are changing in any way. Karen answered that in 1Q16, repurchased about $321MM worth of shares. When launching program last quarter, said was going to do $1Bil over three years and is going to achieve that quicker. Nothing has changed.
$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!