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Specialty biopharmaceutical company $MNK's effective tax rate for 1Q16 fell by 24.9 percentage points from 1Q15. This was predominately due to recent acquisitions and reorganizations, which resulted in more income in lower tax rate jurisdictions and less income in higher tax rate U.S. jurisdiction relative to income in all jurisdictions.
$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!