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$DAL said it lowered its 2Q16 operating margin guidance to about 17% from prior estimate of 21%. The company sees cargo and other revenue of $1.5Bil, average fuel price per gallon of $1.95-2.00, profit sharing expense of $315-325MM and non-operating expenses of $140-150MM for 2Q16. $DAL's 2Q16 results will reflect a 34% tax rate.
$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.