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As part of its business realignment process, $PH incurred realignment charges of $43MM in the first six months of FY16. The company continues to take necessary actions to structure appropriately the operations of its Diversified Industrial segment. As a result, the company expects $40MM of additional realignment charges in the remainder of 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.