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Video-on-demand company $NFLX posted higher earnings in 2Q16, helped by lower expenses compared to 2Q15. Net income came in at $40.8MM or $0.09 per diluted share versus $27.7MM or $0.06 per diluted share last year. Revenue grew about 7.5% from last year to $2.11Bil in 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.