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Pro forma for transaction and separation of Adient, $JCI is expected to have about $32Bil of revenue in FY16 and $4.5Bil of EBITDA before synergies. Adient is expected to have about $16.6Bil of revenue in FY16 and $1.6Bil of EBITDA. Adient is expected to distribute $2.5-3.5Bil to $JCI in conjunction with spin-off
$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.