Want to join the conversation?
For 2Q16, $NSC's effective tax rate was 36.3%. For 2016, tax rate is expected to be about 37%. Cash from operations for 1H16 was $1.4Bil covering Capex and producing $500MM in free cash flow. Total Capex for full-year 2016 is expected to be $1.9Bil. $NSC remains on track for 2016 share repurchases of $800MM.
$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.