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$AMAT 3Q15 Q&A: Sankar, BofA: Should we assume GM will be under pressure if Jan. revenues come up? Bob replied, a company like AMAT, our product cost is materials, stuff we buy, so you don’t get this big absorption boost or downtick either with volume. So our GM is predominantly a function of mix between customers, mix between products.
$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!