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Plano, Texas-based company $DPS expects higher SG&A expense in 2016 due to an increase in health and other insurance costs. The company said that general inflation and field labor costs will increase total OpEx by approx. $20MM in 2016, and expects marketing spend to be about 7.5% of net sales for the year.
$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!