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$L 2Q15 Call: Loews reported income from continuing operations of $170MM or $0.46 per share, down from $303MM or $0.79 in the second quarter of 2014. Lower earnings at CNA financial drove the decline as well as reduced earnings from the parent company’s investment portfolio. Unusual items affected the YoverY earnings’ comparison at CNA.
$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!