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$ON also entered into a separate deal with $LFUS to sell its transient voltage suppression diode and switching thyristor product lines, which together with the divestiture of Ignition IGBT was sold for $104MM in cash. No manufacturing assets will be transferred related to the divestiture or sale. Both asset sales are expected to close on Aug. 29.
$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!