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At Oct. 3, 2015, $TSN had current debt of $715MM, which it intends to repay with cash generated from its operating activities and other liquidity sources. Approx. $270MM of cash was held in the international accounts of the company's foreign subsidiaries at Oct. 3, 2015. $TSN expects net interest expense to approximate $255MM in FY16.
$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!