Want to join the conversation?
Healthcare firm $ABT posted a net loss in 3Q16, hurt by a $0.66 per share adjustment associated with its equity investment in $MYL to reflect its share price as of Sept. 30, 2016. Net loss was $329MM or $0.24 per share versus net income of $580MM or $0.39 per share last year. Worldwide sales of $5.3Bil rose 2.9% on a reported basis from 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!