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UBS Analyst John Hodulik questioned about the service revenue impact with 2H16 shutdown of the 2G network. $T CFO John Stephens answered that in the last 12 months, the company migrated about 6MMM customers off that base. The company is working on that on a regular basis already. This impact is included in the service revenue numbers reported.
$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.