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$DPS 2Q15 Call: DPS is excited to have partnership with ESPN during College Football in fall. GM grew 10 BP to 59.3% vs. 59.2% in 2Q14. Strong productivity benefits, including those from RCI increased GM by 50 BP. Core operating income was $365MM, up 5% YoverY, representing 22.1% of sales. Effective tax rate was 35.5% vs. 35.1% in 2Q14.
$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!