Want to join the conversation?
$DISCA's costs of revenues for 3Q15 increased 13% from last year, excluding FX impact, Eurosport, effect of consolidation of Discovery Family and disposition of radio business. The increase in costs of revenues were primarily due to rises in content amortization, which is consistent with commitment to higher spending for content on its networks.
$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.