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Quick-service hamburger company $WEN said its Japanese franchisee, Wendy's Japan, will acquire First Kitchen Ltd., involving 136 restaurants, from Suntory Holdings. Deal is expected to close at end June. To enable the deal, a private equity firm, The Longreach Group, has acquired a majority stake in Wendy's Japan.
$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.