Want to join the conversation?
"Given market conditions, we have scaled back our revenue and earnings expectations for full year 2016, and are managing our cost base accordingly," said $MCO CEO Raymond McDaniel. $MCO now expects 2016 EPS of $4.55-4.65, inclusive of $0.02 dilution from the March 2016 acquisition of GGY. Revenue is expected to increase in the low-single digit.
$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.