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$SJM 1Q16 Q&A: Andrew from Barclays asked about what drives the acceleration to hit run rate in $2.4Bil for full year in Pet Foods? Dave said, we’ve modeled 4-5% top line growth. We’re right where we wanted to be on the model; & as we project forward, I’d still use that model to get to that number, just remembering it’s a seasonally smaller quarter
$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.