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In 3Q15, $BAX recorded gross business optimization charges of $105MM, of which $74MM relates to severance & employee-related costs from the global workforce reduction program. The objective of this business optimization is to ensure operational efficiently and $BAX expects savings from these charges of approx. $0.10 per diluted share through 2016.
$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!