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$NWS said its 3Q16 OpEx fell $120MM, or 10% YoverY . The decline in OpEx for the quarter was mainly due to a decrease in operating expenses at the News and Information Services segment of $98MM. The impact of foreign currency fluctuations of the US dollar against local currencies also resulted in a 3Q16 OpEx decline of $32MM.
$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!