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$EMR now sees to incur costs throughout 2016 to effect portfolio repositioning as follows: about $250-350MM of income taxes expense related to reorganizing ownership structures, investment banking, legal, consulting and other costs, and about $100MM in capitalized costs, including debt issuance costs, pension funding and separation of IT systems.
$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.