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Factory automation equipment maker $EMR reported a 34% drop in 1Q16 earnings due to volume deleverage and unfavorable mix as well as lower oil prices. Net income fell to $349MM or $0.53 per share from $525MM or $0.75 per share last year. Sales slid 16% to $4.71Bil. Adjusted EPS decreased by 25% to $0.56.
$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.