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Bank of America analyst David Barden asked about synergy savings run rate for 1Q16 and for the rest of the year. $T CFO John Stephens stated that the company is making progress on the content cost savings. The base is shifted more to DTV, getting it through existing contracts. Some savings also come from expense side and cash flow side.
$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.