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Mass media company $CBS said that 1Q16 net earnings jumped 20% to $473MM vs. $394MM in 1Q15, helped by higher operating income and lower losses from FX rate changes. Diluted EPS rose to $1.02 and adjusted EPS grew to $1.02 in 1Q16. Revenues rose 10% vs. 1Q15, helped by higher advertising and affiliate and subscription fees revenues.
$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!