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Ben Bienvenu of Stephens Inc. asks about comp sales improvement in 2H16. $FRED said it initially expected 3Q16 to be worse than 4Q16 but the environment has changed and there is more competition in its category. Although $FRED expects comps to be better, with the investment in price, it does not expect any big improvement in profits.
$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.