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$SGNT said total market sales for the five ANDAs are $340MM on a trailing twelve month basis. The portfolio is expected to generate $40-50MM in revenue on an annualized basis. $SGNT will finance the transaction through its existing $80MM revolving credit facility, which currently has no borrowings outstanding.
$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!