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$NTAP said the company will continue to take steps throughout the year to permanently lower its cost structure, including headcount reductions. Effective tax rate for 1Q17 was 16.6% and at quarter end, cash and short term investments were $4.4Bil, with approx. 13% held by domestic entities.
$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.