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Domestic merchandise retail store chain $BBBY posted lower earnings in 2Q16, hurt by higher cost of sales and SG&A expenses compared to 2Q15. Net earnings were $167.3MM or $1.11 per diluted share compared to $201.7MM or $1.21 per diluted share last year. Net sales were approx. $2.988Bil, down about 0.2% from approx. $2.995Bil in 2Q15.
$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.