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For 3Q16, $CBS expects TV stations to be up high single digits, driven by political advertising, and radio is expected to be up as well. Affiliate and subscription fees continue to grow. $CBS is set to surpass $1Bil in retrans and reverse comp by 2016-end, and next year $CBS have 14% of its reverse comp and 24% of retrans coming up for renewal.
$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!