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Art business company $BID reported an increase in 2Q16 earnings helped by lower expenses. Net income was $89MM or $1.52 per share in 2Q16 compared to $67.6MM or $0.96 per share in 2Q15. Adjusted net income was $88.6MM or $1.51 per share in 2Q16. Total revenues fell to $298.6MM from last year due to a decrease in net auction sales.
$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!