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Life insurance major $MET said its 2Q16 earnings fell more than 90%, hurt by a non-cash charge to net income of $2Bil, net of deferred acquisition costs and after tax. The company reported 2Q16 earnings of $64MM, or $0.06 per share, compared to $1.04Bil, or $0.92 per share a year ago. Total operating revenue fell 2% to $16.96Bil.
$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!