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Walt Liptak of Seaport Global asks for an update on cost savings. $LECO said its target was a total of $37MM of cost savings, $25MM of which is temporary and another $12MM which is fixed. The company is currently running at around these levels and expects that these levels would largely anniversary in 4Q16.
$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!