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Technology company $CSCO said it intends to acquire CliQr Technologies Inc., a privately held company based in San Jose. Under the terms of the agreement, the company will pay $260MM in cash and assumed equity awards, plus retention-based incentives. The acquisition is expected to close in 3Q16, subject to customary closing conditions.
$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.