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$URBN stated that it ended 2Q17 with $328MM in cash and marketable securities. During 2Q17, the company paid down $25MM of its outstanding revolver, leaving $50MM currently outstanding. For 3Q17, $URBN is planning 6 new Anthropologie stores, including 1 new Anthropologie store in Europe, 2 new Urban Outfitters store and 3 new Free People stores.
$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.