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$LM said it agreed to combine its hedge fund platform Permal with EnTrust Capital, a leading hedge fund investor. This will create a new global alternatives firm with over $26MM in pro-forma AUM and total assets of $29Bil. $LM will own 65% of EnTrustPermal, with 35% being owned by Gregg Hymowitz, EnTrust's Co-founder & Managing Partner.
$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!