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Hospitality company $WYN's effective tax rate increased in 1Q16 to 41.1%, mainly due to lack of a tax benefit on the Venezuelan FX devaluation loss of $24MM incurred in the quarter. Company made income tax payments, net of refunds, of $16MM in 1Q16.
$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.