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For 1Q16, $FLS' gross profit fell by $23.7MM, or 7.1% vs. 1Q15. Gross profit margin of 32.5% fell from 32.7% for 1Q15. The decrease in gross profit margin was mainly due to the negative impact of decreased sales on $FLS' absorption of fixed manufacturing costs and lower margin projects that shipped from backlog.
$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!