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$MCHP 1Q16 Call: On a GAAP basis, gross margin, including share-based compensation and acquisition related expenses, were 57.9% in the June quarter. Total operating expenses on GAAP basis were 187.7MM or 35.2% of sales. GAAP tax benefit rate for 1Q16 was 9.1%.
$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.