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$PCG, which competes with $EIX and $SRE, said it continues to assume equity issuance of $600-800MM in 2016. During 1Q16, the company issued about $150MM in equity. The charge for the Butte Fire results in roughly $100MM in new equity needs this year, which puts the company towards the high end of its equity issuance range.
$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.