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Packaged foods company $CAG said that on Feb. 1, 2016, pursuant to the Stock Purchase Agreement, dated as of Nov. 1, 2015, the company completed the disposition of its Private Brands operations to TreeHouse Foods, Inc. for $2.6Bil in cash on a debt-free basis. On disposition, $CAG recognized a pre-tax charge of $22.5MM in 3Q16.
$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.