Want to join the conversation?
$PII agreed to buy private;y-held Transamerican Auto Parts (TAP), an integrated maker of off-road Jeep and truck accessories, for $665MM. It will close by year-end 2016. TAP will operate as distinct business unit reporting to Steve Eastman, $PII's PG&A President. $PII will fund acquisition with borrowings under existing credit facilities.
$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.