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For 3Q16, $CAG expects EPS to be modestly higher than comparable year-ago amounts. $CAG currently estimates proceeds from the sale of the private label operations to be about $2.7Bil, expected to be used mainly for debt reduction. $CAG also expects to generate $300MM of annual efficiency improvements by the end of FY19.
$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.