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On Aug. 3, 2016, $POST issued $1.75Bil aggregate principal amount of 5% senior notes due 2026 at par. The company will use the proceeds to fund its cash tender offer for approx. $1.242Bil of its 7.375% senior notes due 2022 and to repay the $374.4MM outstanding principal balance on its term loan
$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!