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Morgan Stanley analyst Ben Swinburne asks $FOXA how much the Star business in India generated in FY16 when looking at the $500MM target for 2018. CEO James Murdoch says that the Star business overall, inclusive of sports, delivered just north of $200MM of OIBDA for FY16. This puts the company in a really good pace for 2018 and 2020 targets.
$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!