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As part of the purchase price allocation, $XL registered a total net deferred tax liability of $94.1MM in 2Q15. This is the combination of an excess of gross tax liabilities over gross tax assets by $22.1MM, and a valuation allowance of $72MM across several jurisdictions.
$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.