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$AIT said that it has captured approx. two-thirds of its annual estimated ongoing savings of $7.8MM from restructuring activities in FY16. The remaining benefits will flow through the income statement in July. 4Q16 effective income tax rate of 35.6% was a bit higher than projections due to lower foreign earnings negatively impacting the rate.
$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.