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Healthcare services company $MCK said it has agreed to acquire Rexall Health from Katz Group for CAD$3Bil (USD$2.2Bil or approx. USD$1.9Bil net of the present value of incremental cash tax benefits). The acquisition, which will be funded by a mix of cash and debt, is expected to close late in CY2016.
$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!