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Utility services holding company $EXC reported a decrease in 1Q16 results. Net income dropped to $173MM or $0.19 per share in 1Q16 compared to $693MM or $0.80 per share in 1Q15, hurt by the PHI merger-related costs and impairments. Adjusted net income was $632MM and adjusted diluted EPS was $0.68.
$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!