Want to join the conversation?
$XRX's 2015 effective tax rate was negative 5.6% mainly due to the discrete tax benefit related to 3Q15 HE charge & 2Q15 software impairment charges. Excluding the effects of intangibles amortization, restructuring & retirement-related costs, and other discrete items, $XRX expects adjusted effective tax rate to be approx. 26-28% for 1Q16 & 2016.
$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.