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Texas-based $APC said that it reduced the capital spending by almost 40% in 2015 when oil prices fell by almost 50%. $APC expects to spend about $2.8Bil this year, roughly half of the amount it spent in 2015. Total sales volumes are expected to decline by 1-4% in 2016 on the divestiture adjusted basis due to lower margin gas volumes.
$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!