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Nomura Securities analyst Romit Shah probes $MU if expenses are expected to remain elevated through the course of the year while ramping new products. CFO Ernie Maddock says that expenses will occur as there is a concentration of new products, but it might not occur each quarter. In 4Q16, they will be particularly high relative to recent history.
$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!