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Global diesel engine manufacturer $CMI said due to weak market conditions in 4Q15, it decided to scale back the range of light-duty engines that were to be manufactured in North America. $CMI reassessed the book value of its light duty manufacturing assets and recorded a non-cash pretax impairment charge of $211MM.
$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.