Want to join the conversation?
$RAX agreed to go private for $32 per share in cash, which represents a premium of 38% when compared to $RAX's unaffected closing stock price on Aug. 3, 2016. $RAX's BoD unanimously approved the agreement with $APO Funds and recommends that $RAX's stockholders vote in favor of the transaction. The transaction is expected to close in 4Q16.
$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!