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During 2015, energy company $PPL recorded $24MM of deferred income tax expense related to deferred tax valuation allowances. $PPL recorded state deferred income tax expense of $12MM primarily related to increased Pennsylvania net operating loss carryforwards expected to be unutilized and $12MM of federal deferred income tax expense.
$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.