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Electronic design innovation company $CDNS posted lower 2Q16 results, hurt by higher expenses. $CDNS said net income fell 15.16% to $49.34MM, or $0.17 per share from $58.16MM, or $0.19 per share a year ago. Revenue for the quarter rose 8.89% to $453MM. Excluding items, $CDNS earned $0.29 per share.
$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.