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$ORCL said that for FY16, total software and cloud revenues totaled $29Bil, up 3% in constant currency. Cloud SaaS and PaaS on the other hand grew 52% to $2.2Bil. $ORCL said its SaaS and PaaS business has grown to a point where it expects the dollar growth in SaaS PaaS revenue to exceed the dollar decline in new software licence in FY17 & beyond.
$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!