Want to join the conversation?
$SPLS' 2015 effective tax rate was 23% vs. 49.8% in 2014. This reflects the impact of a $60MM dip in liability for unrecognized tax benefits, mainly due to the expiration of statutes of limitations. It also reflects the restructuring-related charges & costs related to planned $ODP acquisition. Excluding the impact of items, tax rate was 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.