Want to join the conversation?
Inventories fell 10% to $447.09MM at Sept. 27, 2015 from $499.15MM at Sept. 28, 2014. The inventory balance at Sept. 27, 2015 includes a drop of approx. $69.8MM resulting from a stronger US dollar. During 3Q15, $HAS finalized the sale of its manufacturing operations in East Longmeadow, MA and Waterford, Ireland, resulting in lower inventory levels.
$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!