Want to join the conversation?
Peoria, Illinois-based $CAT said for 1Q16, it recognized $161MM of restructuring costs, which included $82MM of long-lived asset impairments, $31MM of employee separation costs & $11MM of other restructuring costs. For 1Q16, $CAT recognized $74MM of restructuring costs primarily for long-lived asset impairments related to the restructuring plan.
$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.