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$FCX said it agreed to sell a 13% ownership interest in its Morenci unincorporated JV to Sumitomo Metal Mining Co. for $1Bil in cash. The deal is expected to close in mid-2016, subject to regulatory approvals & customary closing conditions. $FCX expects to use the proceeds to repay borrowings under its bank term loan & revolving credit facility.
$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.