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Home improvement company $LOW reported a sharp decline in net income to $11MM or $0.01 per share in 4Q15 from $450MM or $0.46 per share in 4Q14, hurt by a non-cash impairment charge related to the Australian JV exit. Sales rose 5.6% to $13.2Bil from last year. Adjusted net earnings were $541MM or $0.59 per share and comparable sales grew 5.2%.
$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!