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$LZB said its effective tax rate from continuing operations was 35.3% for FY16. Impacting the rate for the year was a tax benefit of $0.3MM for the release of valuation allowances relating to certain US state deferred tax assets. The company expects its effective income tax rate to be in the 36% for FY17.
$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.