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$WDC expects to achieve total annual run-rate synergies of $500MM within 18 months post-closing of the $SNDK acquisition, and about $1.1Bil by 2020. $WDC expects to achieve rapid deleveraging, reducing debt by $3Bil within a short period of time after the closing of the deal. The $SNDK deal is expected to close in 2Q16.
$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.