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For FY16, $ADP said that it is expecting a 3% growth in average client fund balances. Growth in client funds interest revenue is expected to be flat vs. last year. The total impact from the client funds extended investment strategy is expected to be about flat compared to $419MM in FY15, the company said.
$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.