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During 3Q15, $SLG entered into a ground lease for land & building located at 30 East 40th Street with a lease term ending in Aug. 2114. Based on $SLG's evaluation of the arrangement, land was gauged to be approx. 63.6% of the fair market value of the property. The land portion was classified as operating lease and rest as a capital lease of $20MM.
$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!