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Matthew Fassler from Goldman Sachs asks about the how the company is thinking about allocating cash flow currently. $AAP CFO Mike Norona said that it is going to continue to invest in inventory, but by year-end, $AAP anticipates the inventory growth to be up low-single digits. $AAP will be focused on improving its earnings and working capital.
$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.