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$ADS, which provides credit card and loyalty programs, reported a higher 2Q16 net income, but profit fell on charges related to an acquisition. For 2Q16, net income increased 8% to $141MM, while EPS fell 41% to $1.24 due to $1.14 in accretion charges related to the company's purchase of the remaining 20% interest in BrandLoyalty, $ADS 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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!