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Mark Close of Oppenheimer & Close asked whether the new builds that have been completed but have been delayed are depreciating. $HP CFO Juan Pablo replied that the company typically depreciates its rigs once they spud operations. The delayed rigs have not yet begun depreciation from a financial perspective and the impact is not very significant.
$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.