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As part of the transaction, $LMT will receive a one-time cash payment of $1.8Bil, which the company will use to repay debt, pay dividends and/or repurchase its stock. Immediately after deal completion, about 50.5% of outstanding $LDOS shares are expected to be held by pre-merger Abacus stockholders on a fully diluted basis.
$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.