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Ben Bienvenu of Stephens Inc. asks about expense reduction. $CST said it has updated its labor model in its stores and this has led to some reductions in costs. Another focus is on maintenance and the company has put in some processes to reduce costs in this area. The company is also looking for ways to reduce the level of G&A costs.
$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!