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$FCX said the company generated operating cash flow of $740MM in 1Q16 and CapEx was at $982MM. The company ended the quarter with $20.8Bil in debt and consolidated cash was $331MM. $FCX is proceeding well with its mining business. $FCX said that on cost reduction, the company reduced employment by about 25%.
$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!