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In 4Q15, $CMI reduced its worldwide workforce by approx. 1,900 employees in response to lower demand for its products in the U.S. and key markets around the world. The company incurred a charge of $90MM for the headcount reductions in 4Q15, of which $86MM will be settled in cash and an additional $4MM for impairment and other related charges.
$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.