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Erinn Murphy of Piper Jaffray asks about the details of exiting 25% of North American wholesale doors. $COH said that regarding 2017, guidance for the Coach brand is unchanged, except for the impact of North America wholesale. The company expects this impact to be about a point to sales growth, which most significantly will be in 1Q17.
$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!