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$DRI said segment profit grew $16.6MM in Olive Garden and $12MM in LongHorn in 2Q16. In Fine Dining, segment profit rose $1.3MM and in Other Business, it grew more than $9MM. Reduced food costs and improved labor productivity at Seasons 52 and Yard House were the key drivers for segment profit growth in 2Q16, said $DRI.
$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!