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$GIS is on track to deliver $400MM in COGS HMM Savings in fiscal 2016. $GIS is also making progress in its incremental cost savings initiatives, including Project Catalyst, Project Century, Project Compass and the Administrative Policies and Practices. These initiatives will deliver between $285-310MM in annual savings this fiscal year.
$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!