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Pennsylvania American Water, a subsidiary of $AWK, signed an asset purchase agreement to buy McKeesport wastewater system for about $156MM. This follows recent votes by McKeesport City Council and the Municipal Authority of City of McKeesport (MACM) in favor of Pennsylvania American Water purchasing wastewater assets. The deal will close in 2H17.
$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.