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On April 4, 2016, CMS issued final guidance for 2017 Medicare Advantage benchmark payment rates. Based upon initial analysis, $DVA estimates the rates will lead to a reduction in Medicare Advantage rates of about 1%. This compares to an industry average rate increase of about 0.85% as noted by CMS in the Medicare Advantage benchmark payment rates.
$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.