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During 2Q16, $XEC accepted volunteers to participate in an early retirement incentive program. As a result of this program, the company expects its 2Q16 total G&A cost to be approx. 20% higher than that of 1Q16. Going forward, these departures are expected to result in lower G&A.
$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.