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$MAR said that for FY16, worldwide RevPar for legacy business is expected to increase 3-5%, combined with 7% net rooms growth. Fee revenue is expected to total about $2Bil for the year, consistent with the company previous forecast. Owned, leased & other revenue, net of direct expenses is expected to total $310-315MM, $10MM ahead of Feb. forecast.
$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.