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Connectivity and sensor solutions provider $TEL entered into an agreement to sell its Circuit Protection Devices (CPD) business to $LFUS for $350MM. Sale is expected to close in 2Q16. $LFUS expects the deal to be immediately accretive to its earnings excluding acquisition and integration related costs.
$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!