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$OCLR said, effective Aug. 22, it has completed exchanges for all $65MM of its 6% notes due 2020. Between Aug. 8 and Aug. 18, $OCLR entered into agreements pursuant to which it issued 34,659,972 shares, par value $0.01 per share, and paid $4.7MM in exchange of its 6% notes. As a result, $OCLR no longer has any convertible debt outstanding.
$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.