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$AVGO and $BRCM said as per initial results of $BRCM's shareholder election on the merger, holders of 30.7% outstanding $BRCM shares made a cash election. Last trading day for $AVGO shares and $BRCM Class A stock on NASDAQ is expected to be Jan. 29. Broadcom Ltd. is expected to begin trading on NASDAQ on Feb. 1, the expected merger closing date.
$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!