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Peter Arment of Sterne Agee asks about backlog. CFO Bruce Tanner said $LMT could expects to see potentially $100Bil worth of backlog that will quickly dissipate with the disposition of IS&GS and the expectation could be for backlog to be somewhere between low $90-95Bil by year-end.
$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.