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David MacGregor of Longbow Research wants to know about the impact of startup costs on $MHK's 2Q16 margins. CEO Jeff Lorberbaum replied that startup costs in 2Q16 were about $4MM and the company is estimating about another $3-5MM in startup through 2H16.
$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!