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Semiconductor devices company $MU posted 2Q16 net loss of $97MM or $0.09 loss per diluted share vs. net income of $934MM or $0.78 per diluted share in 2Q15. Non-GAAP net loss per diluted share was $0.05 for the quarter. Total net sales fell 29.5% to $2.93Bil vs. $4.16Bil in 2Q15, hurt by lower cost of goods sold during the quarter.
$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.