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$ENDP expects 2016 adjusted gross margin of about 63-65%, adjusted operating expenses as a percentage of revenues to be about 19.5-20.5% and adjusted interest expenses of about $455MM. Adjusted effective tax rate is expected to be about 9-11%. Adjusted EPS assumes full-year adjusted diluted shares outstanding of about 224MM shares.
$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!