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$PFE said it agreed to buy $MDVN for $81.50 per share in cash for total enterprise value of $14Bil. The proposed purchase is expected to immediately accelerate revenue growth and drive overall earnings growth potential for $PFE. $PFE expects to finance the transaction with existing cash and expects to close purchase in 3Q16 or 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.