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During 3Q16, $SYY entered into an agreement to acquire Cucina Lux Investments Limited, a parent holding company of the Brakes Group. The aggregate enterprise value to be paid by $SYY is approx. $3.1Bil and includes the repayment of approx. $2.3Bil of the Brakes Group's outstanding financial debt. The purchase price will be paid entirely in cash.
$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.