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$KLXI said it acquired Herndon Aerospace & Defense. The price of about $210MM in cash, plus a standard working capital adjustment, represents multiple of about 10.5 times Herndon's fiscal year ended Dec. 31, 2015 adjusted EBITDA. Pro forma for expected synergies, purchase price multiple is expected to be about 7 times adjusted EBITDA.
$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.