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In 1Q16, $DF reported adjusted operating income of $83MM. Adjusted EBITDA was over $122MM. The company generated $29MM of free cash flow. $DF expects raw milk costs in 2Q16 to average $13.49 per hundred-weight which represents approx. 7% decrease sequentially and approx. 15% 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!