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Roxanne Meyer with MKM Partners asks about AUR as a lever in 2H16, either through pricing or mix in Bath & Body Works. $LB said AUR has been a strong driver of growth in sales both for spring 2016 and for the past couple of years. Some of that is driven by mix in business. One of the key levers is constant innovation and investment into newness.
$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!