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Airlines company $AAL reported a decrease in 1Q16 results hurt by lower revenues. Net income in 1Q16 was $700MM or $1.14 per share compared to $932MM or $1.30 per share in 1Q15. Total revenue declined 4% to $9.4Bil versus 1Q15 due to competitive capacity growth, continued macroeconomic softness in Latin America and foreign currency weakness.
$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!