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Food and beverage company $KHC, which was formed when Kraft Foods Group merged with H.J. Heinz Co a year ago, reported a higher quarterly profit, helped by cost reductions and lower commodity prices. For 2Q16, the company reported earnings of $770MM, or $0.63 per share, compared to $186MM, or $0.15 per share. Revenue fell 4.7% to $6.8Bil.
$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.