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$ABT forecasts an adjusted gross margin ratio of around 57% of sales for 2016, which includes underlying gross margin improvement initiatives across its businesses. Adjusted R&D investment is expected to be around 6.5% of sales, and adjusted SG&A expense is forecast to be approaching 31% of sales for the full year 2016.
$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!