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Ike Boruchow of Wells Fargo asks about expenses. $ROST said labor costs will be an expense headwind. Entering 2016, $ROST raised minimum wages across the chain and the impact of these adjustments is reflected in full-year 2016 guidance. In its 2017 planning process $ROST will try to find efficiencies to mitigate further wage increases.
$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.