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Semiconductor devices company $MU posted 3Q16 net loss of $215MM or $0.21 loss per diluted share due to higher operating loss and interest expenses. This is compared to net income of $491MM or $0.42 per diluted share in 3Q15. Revenues fell slightly as higher sales of DRAM products were offset by a dip in sales of trade Non-Volatile 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.