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$MSM said that it expects 3Q16 GM to be 45%, plus or minus 20 BP, which is essentially flat with 2Q16 and continuing the trend of sequential stability. 3Q16 OpEx is expected to be slighty higher than 2Q16 and $MSM is offsetting nearly all increases in variable expenses and investments with productivity and savings.
$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!