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In FY16, $EA's effective tax rate was a benefit of 31.8%, mainly due to the reversal of the US deferred tax valuation allowance. Excluding the impact of the valuation allowance reversal, effective tax rate would have been 19.8%, which differs from the statutory rate of 35% mainly due to non-US profits subject to a reduced or zero tax rates.
$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.