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Citigroup analyst David Driscoll questions $GIS on the transition of cost savings to $600MM. CFO Donal Mulligan says that $GIS has seen better savings in Century, Catalyst & Compass, particularly in Century. As the company streamlines its manufacturing footprint, its ability to find savings has increased giving visibility to the final price.
$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.