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Semiconductor equipment maker $LRCX reported a jump in 4Q16 earnings driven by higher revenues as well as lower costs and expenses. Net income rose to $258.94MM or $1.46 per share from $131.27MM or $0.74 per share last year. Revenue grew to $1.55Bil from $1.48Bil. Non-GAAP EPS was $315MM or $1.80 per share for 4Q16.
$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!