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$TUES said that 4Q16 SG&A expenses were $85.3MM, up 10.5% vs. 4Q15. As a percent of net sales, SG&A rose 200 BP to 38.3% vs. 36.3% in 4Q15. This increase was driven mainly by higher store rent and depreciation, due in part to the company's strategy to improve store real estate, as well as increase store labor and advertising cost.
$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!