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$CSAL also said Tower Cloud (TC) shareholders may receive additional consideration contingent upon TC achieving certain defined operational and financial milestones. $CSAL intends to fund the cash portion of the transaction through cash on hand and borrowings under its revolving credit facility. The transaction is expected to close by early 4Q16.
$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.