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$URBN said that in 4Q16, inventory fell by 8% to $330MM, driven by a 6% reduction in retail segment comp inventory. During 4Q16, the company repurchased and retired 4.3MM common shares for approx. $100MM. In 1Q17, the company is planning to open 26 net new stores, excluding Food & Beverage division.
$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.