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Mountain Dew, Gatorade and Naked Juice maker $PEP incurred restructuring charges of $25MM in 1Q16 in conjunction with its 2014 productivity plan. All of these net charges were recorded in selling, general and administrative expenses. The majority of the restructuring accrual at March 19 is expected to be paid by the end of 2016.
$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.