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In FY15, $HPQ recorded $1.6Bil of net income tax benefits related to items unique to the year. $HPQ also recorded $639MM of net tax benefits on restructuring, separation-related and other charges & a tax benefit of $47MM arising from retroactive R&D credit resulting from the Tax Increase Prevention Act of 2014 that was signed into law in Dec. 2014.
$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!