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$TWX, the owner of TV channels like HBO and TBS as well as Warner Bros. studios, reported a decline in 2Q16 earnings due to decreases at Warner Bros. and HBO. Net income slid to $952MM from $971MM last year, while EPS rose to $1.20 from $1.16. Revenues fell to $6.95Bil from $7.35Bil. Adjusted EPS grew to $1.29 from $1.25.
$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!