Want to join the conversation?
Advanced textiles & materials processing company $AIN said that its has agreed to acquire $HRS' composite aero-structures division for $210MM, including the assumption of 23MM capital lease. $AIN will use existing cash on hand & its revolving credit facility to finance the deal, which is expected to be completed by 1Q16-end or early 2Q16.
$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.