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John Murphy of Bank of America asks about the payback period expected from the restructuring charges taken in 2Q16. $DLPH CFO Joe Massaro said that the restructuring charges mainly relate to the closure of Barcelona and Powertrain in Spain. The company added that it sees the payback on these types of plant moves anywhere from 3.5 to 4.5 years.
$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!