Want to join the conversation?
$TECD agreed to buy Technology Solutions business from $AVT for $2.4Bil in cash and 2.785MM common shares of $TECD, in a transaction valued at about $2.6Bil. $TECD also expects to realize about $200MM in present value of tax benefits. The transaction is expected to close in calendar 1H17.
$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.