Want to join the conversation?
$EAT repurchased about 0.4MM shares for $18.7MM in 4Q16 and about 5.8MM shares for $284.9MM YTD. Company plans to raise leverage by $250-300MM in the near term and use the proceeds to return capital to shareholders in the form of share repurchases. BoD has authorized an additional $150MM in repurchase, bringing total available authority to $455MM.
$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.