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Mitchelson from UBS wants a clarification on whether revenue growth in the cable network business will be in line to ahead of OpEx on a go-forward basis. $DIS CEO Bob Iger said that the company fully expects its Media Networks, including ESPN, to continue to deliver bottom line growth, which means revenue growth is going to outpace spending.
$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.