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On Feb. 12, 2015, the Venezuelan government replaced SICAD 2 with a new FX market mechanism, SIMADI. $GIS expects to be able to access US dollars through the SIMADI market. SIMADI has significantly higher FX rates than those available through other FX mechanisms. As of Aug. 30, 2015, $GIS had $0.4MM of non-US dollar cash balances in Venezuela.
$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.