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New York-based insurance giant $AIG said on May 2, 2016, it announced the sale of share of PICC Property and Casualty Company Limited (PICC P&C) for gross proceeds of approx. $1.25Bil, which will result in a non-operating pre-tax realized gain of nearly $900MM.
$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.