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Calvin Klein, a part of $PVH, intends to reacquire its Platinum Label from CK21 Holdings, which held the license to produce and sell its men’s & women’s accessories. As per transaction, Calvin Klein Asia will take over CK21’s free-standing stores & shop-in-shops in AUS, NZ and some Asian regions as well as production of men’s & women’s accessories.
$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.