Want to join the conversation?
As of Dec. 31, 2015, about 57% of $MHK's debt portfolio was comprised of fixed-rate debt and 43% was floating-rate debt. The annual impact on interest expense of a one-percentage point interest rate change on the outstanding balance of variable rate debt as of Dec. 31, 2015 would be about $14MM or $0.12 to diluted EPS.
$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.