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In 1Q16, $AAL's average mainline fuel price including taxes was down 34.1% to $1.20 per gallon. Total Opex was $8.1Bil, down 5.9% versus 1Q15 due primarily to a $607MM decrease in consolidated fuel expense. Opex, excluding net special charges, was $8Bil, down 3.7% YoverY.
$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!