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Glenview, Illinois-based infant formula maker $MJN said that it continued to make strong investments, especially in China. The company said it is making progress with Enfamil products, which accounted for 45% of sales in Mainland China for 1Q16. In addition, investment in advertising and promotion represented 15.8% of sales for 1Q16.
$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!