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In 4Q15, $CPB incurred charges related with initiatives to implement new enterprise design that better aligns with strategies to reduce costs & streamline organizational structure. Recorded pre-tax restructuring charges of $93MM related to the program & pre-tax charges of $13MM in administrative expenses related to implementation of initiatives.
$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.