Want to join the conversation?
$DVN said it reduced its employee count by approx. 20% in 1Q16, bringing the total workforce reduction to more than 25% over the past 12 months. This reorganization effort resulted in $234MM of non-recurring charges, with minimal cash payments occurring in the first quarter, the company said.
$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.