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Off-price retailer $ROST posted higher 1Q16 earnings, helped by higher sales compared to last year. Net earnings were $291MM or $0.73 per diluted share compared to $282MM or $0.69 per diluted share in 1Q15. Sales increased 5% to $3.1Bil, with comparable store sales up 2% on top of a strong 5% gain in 1Q15.
$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!