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During 3Q15, $SNI recognized net gains of $4MM compared to $2MM during last year. $SNI's effective income tax rate was 31.5% in 3Q15 compared to 30.8% in 3Q14, driven by valuation allowances on foreign losses due to its inability to recognize the tax benefits of these losses. The company expects its annual effective tax rate to be between 30-32%.
$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!