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Equity-method investment earnings were $24MM for 1Q17 and $37MM in 1Q16. The decline principally reflects lower profits from $CAG's Ardent Mills joint venture. Adjusted corporate expenses were $38MM in the quarter versus $66MM in the year ago quarter. Advertising and promotion expense was $69MM, down 18% from the prior year quarter.
$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.