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Engineered solutions provider $ATU reported lower earnings in 3Q16, hurt by restructuring charges and a lesser income tax benefit compared to 3Q15. Net income was $21.17MM or $0.36 per diluted share compared to $37.96MM or $0.63 per diluted share last year. Sales fell 5% from last year to $305.3MM versus $320.1MM in 3Q15. Adjusted EPS was $0.10.
$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!