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On Aug. 1, $SYMC added $2.8Bil of new debt and $1.25Bil of convertible notes. Company has $5.6Bil cash and $7.3Bil total debt. 1Q17 cash flow from continuing operations was negative $742MM, which included tax payment of $887MM related to gain from sale of Veritas and $39MM in cash outflows related to restructuring in the Veritas separation.
$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.