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In Oct. 2015, $ROK initiated certain restructuring actions primarily due to continued weakness in the business aviation market. $ROK expects to record pre-tax restructuring charges of $35-45MM in 1Q16, mainly consisting of employee severance costs. The bulk of the cash payments associated with these actions are expected to occur in 1Q16 and 2Q16.
$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!