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In 1Q16, $HRS' Tactical Communications revenue was up 1% primarily driven by a 7% increase in Harris legacy tactical partially offset by lower expected revenue in Exelis' legacy tactical and night vision product lines. Further Space & Intelligence Systems segment operating income was $68MM and margin was 15.6% vs. $57MM and 12.5% last year.
$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!