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For 3Q16, $SBUX's effective tax rate came in at 29.7%. The company reported a true-up related to a specific domestic manufacturing tax benefit and the net gain from the Germany sale, most of which was non-taxable. These items had a favorable 260 BP impact on the tax rate.
$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!