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Diversified industrial maker $PNR reported a fall in 4Q15 earnings from continuing operations due to lower sales from Valves and controls and Flow and Filtration solutions. Income from continuing operations slid to $93.2MM or $0.51 per share from $129.8MM or $0.70 per share. Sales fell 2% to $1.76Bil. Adjusted EPS declined 3% to $1.13.
$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!