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$ADI 3Q15 Q&A: Ing of MKM asked about full factory utilization in 4Q. David said we were in mid 70’s for utilization in 3Q, similar to 2Q. We’re probably going to take down utilization down a little-bit in 4Q. All of the ramp in revenue for 4Q from a front-end perspective will come from foundries, so it won’t affect utilization in anyway.
$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!