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$EA 1Q16 Q&A: Crum of Stifel, Nicolaus asked about FX detriment to topline in FY16. Andrew said, revenue forecast on a like for like basis last year’s FX rate was $4.65Bil. EA thought FX would impact that by $250MM and that would lead to the $4.4Bil revenue guide. Under new guidance, EA is assuming $4.7Bil in revenue.
$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.