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$DO reported 2Q16 net loss of $589.9MM or $4.30 per diluted share versus net income of $90.4MM or $0.66 per diluted share in 2Q15, hurt by lower contract drilling revenue and impairment charges of $612MM related to carrying value of 8 semisubmersible rigs and associated inventory. Revenue fell 38.7% to $388.8MM in the quarter.
$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!