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Bayer said it is highly confident in its ability to finance the $MON transaction as it is backed by BofA Merrill Lynch and Credit Suisse. Bayer said it intends to finance the deal with a combination of debt & equity. The expected equity portion represents about 25% of the deal's enterprise value, expected to be raised mainly via a rights offering.
$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!