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Petroleum and gas producer $DVN reported a narrower 2Q16 loss driven by lower asset impairment charges and expenses. Net loss narrowed to $1.57Bil or $3.04 per share from $2.82Bil or $6.94 per share last year. Operating revenues dropped to $2.49Bil from $3.39Bil. Core earnings for the latest quarter were $33MM or $0.06 per share.
$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!