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$CREE said that for FY17, the company is targeting lighting and LED capital spending of $55MM plus or minus to support the continued operations. $CREE also stated that until the sale of Wolfspeed is completed, the company will continue to invest in capital to support the Wolfspeed business.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!