Want to join the conversation?
In 2015, $AMG's effective tax rate fell due to ongoing tax benefits from the restructuring of its foreign operations in 2014 and its indefinite deferral of foreign earnings in 2015. Effective tax rate also fell in 2015 due to the benefit of a reduction in corporate tax rates in the UK and other factors. These factors reduced tax rate 4.5% in 2015.
$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.