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In 2Q16, $LECO posted adjusted EPS of $0.83. ROIC and cash flow performance was solid. The company returned $122MM to shareholders through share buybacks and a 10% higher dividend payout rate. In Europe, many countries served by $LECO achieved organic growth as demand trends continued to improve in the region.
$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!