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Motion picture exhibitor $CNK said its wholly-owned subsidiary, Cinemark USA, Inc., intends to commence a private offering $225MM aggregate principal amount of its 4.875% Senior Notes due 2023. The company intends to use the net proceeds to finance a redemption of its 7.375% Senior Subordinated Notes due 2021 and for general corporate purpose.
$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.