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$VIPS 2Q15 Q&A: For the question on margin improvement asked by Wong of Merrill Lynch, Donghao said that the company’s idea now is to reinvest some of the profits back to the business to drive top line growth, while maintaining the current margin level. The current margin level is sustainable in the long term, replied Donghao.
$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.