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Janet Kloppenburg of JJK Research asks about the marketing investment in 2H16. $AEO said that in 3Q16, the company expects to have some leverage in its SG&A rate. The company has taken a disciplined approach on deploying SG&A dollars. So $AEO plans to have a consistent leverage.
$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!