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$CPE said it has agreed to acquire some undeveloped acreage and producing oil and gas properties from Plymouth Petroleum operated by affiliates of Midland-based Element Petroleum for $327MM. $CPE intends to fund most of the purchase price with proceeds of an equity offering and any remaining amount with availability under revolving credit facility.
$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.