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$SJM's 2Q16 cash from operations was $275MM vs. $92MM in 2Q15. Along with income increase and non-cash items of D&A, this cash flow increase primarily reflects lower working capital needs mostly for inventory. Factoring in CapEx of $64MM, 2Q16 free cash flow was $211MM, bringing YTD total to $463MM. Total debt at quarter-end was just over $5.85Bil.
$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.