Want to join the conversation?
Clothing retailer $OXM said it has completed the acquisition of lifestyle apparel brand Southern Tide for $85MM. In the remaining 41 weeks of FY16, the company expects Southern Tide to contribute approx. $35MM in sales, $7MM in operating income and $0.20 per share of earnings. The deal was financed with borrowings under $OXM's US credit facility.
$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.