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$VAR said it plans to spin off its Imaging Components business as a new, stand-alone public company via a tax-free distribution to its stockholders in a transaction anticipated to be completed by the end of CY16. It is expected that the new company's management team will include Sunny Sanyal as the new CEO and Clarence Verhoef as CFO.
$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.