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$CA 1Q16 Q&A: Raimo Lenschow from Barclays, asks about slight change in strategy perhaps to more aggressively pursue acquisition again. Mike answers, I wouldn’t say that our strategy has changed at all, we’ve been consistent for the last two years that we’d spend between $300-500MM on acquisition, but number one focus is organic development.
$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.