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$ESND announced a cost reduction plan to reduce its operating costs by about $20MM on an annualized basis by 1Q16 through de-layering of its management structure and simplify the organization as it transitions to a common operating and IT platform. $ESND expects to incur about $10MM of pre-tax charges in 4Q15 associated with cost reduction actions.
$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!