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In 1Q16, $MMM purchased $1.227Bil of its stock. As of March 31, about $9.6Bil was available under the Feb. 2016 authorization. $MMM expects to purchase $4-6Bil of stock in 2016. $MMM expects to contribute $200-400MM to its defined benefit pension and postretirement plans in 2016 and expects the expense to fall by about $320MM pre-tax versus 2015.
$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.