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Joshua Shanker of Deutsche Bank asks about the relative valuation of Diamond Offshore. $L said when it bought back the shares of Diamond, it did not anticipate the decline in offshore drilling, the decline in oil prices and the cut in the capital budgets of oil companies. Now $L has a more clear picture of the position of this business.
$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.