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For FY16, $FRAN expects net sales to be $460-480MM, assuming a flat to a low-single digit decrease in comparable sales. Diluted EPS is expected to be $0.86-0.96, which includes the aforementioned $0.04 per share impact. The effective tax rate is estimated to be 37.8% and Capex is expected to be $28-31MM.
$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!