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$URI said that rental revenue was $1.204Bil in 2Q16, down 1.3% vs. 2Q15. The components of this are driven by the owned equipment revenue items. Within owned equipment rental (OER), the volume rose 3%, net at $33MM of YoverY revenue benefit. This was offset by the 2.4% decline in rental rates worth about $26MM of YoverY rental revenue decline.
$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!