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Mike Weinstein of JPMorgan asked about the performance of respective businesses in 2016 vs. 2015? $JNJ's CFO Dominic Caruso said, the company's growth in 2015 was driven by pharmaceuticals and it expects a healthy growth in 2016 from pharma, but lesser than 2015 rate. Conversely $JNJ is expecting better growth in consumer and medical device.
$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!