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Restaurant operator $CBRL reported a 8% rise in 4Q16 earnings driven by higher revenues as well as reductions in general and administrative expenses and cost of goods sold. This is despite rise in store operating expenses. Net income rose to $51.02MM or $2.12 per share from $47.4MM or $1.97 per share last year. Total revenue grew 4% to $745.58MM.
$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!