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$ROK 3Q15 Call: General corporate, net was approx. $22MM, up about $4MM vs. 3Q14. Adjusted effective tax rate was 27.9% compared to 27.6% in 3Q14; full year rate expected to be about 27%. Free cash flow conversion on adjusted income was 123%. Trailing four quarter ROIC was 33.1%. Average dilutes shares outstanding 135.5MM, down about 3% vs. 3Q14.
$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!