Want to join the conversation?
Payment services company $DFS reported an increase in 2Q16 earnings helped by revenue growth and a non-recurring tax benefit of $44MM which contributed $0.11 to diluted EPS. Net income was $616MM or $1.47 per share in 2Q16 compared to $599MM or $1.33 per share in 2Q15. Revenue, net of interest expense, grew to $2.21Bil from last 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.