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CLSA Securities analyst Srini Pajjuri questioned about the impact of LG's license agreement issue on $QCOM annual result. CFO George Davis said that LG dispute would have over $100MM impact on quarterly results. He also added that annual impact will be dependent on LG's loyalty obligation for the year.
$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.