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Thermal management solutions company $MOD said it has agreed to acquire commercial and industrial coils, coolers and related products maker, Luvata Heat Transfer Solutions, for about $422MM, to be financed through a combination of cash, debt, and $25MM of $MOD common stock. Transaction is expected to close within CY 2016.
$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.