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Provider of electric power generator $EIX said that its 2Q16 basic and core EPS is $0.85, down $0.31 per share than 2Q15. SCE's basic and core earnings are $0.21 per share lower and EIX Parent and Other are $0.10 per share lower. The lower earnings are mainly as a result of $0.31 per share of income tax benefits recorded in during 2Q16.
$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!