Want to join the conversation?
$NFX said its 2016 capital budget is $625-675MM, which is down more than 50% at the midpoint from 2015. Gross G&A expense is expected to be $45MM lower than 2015, and the company said it continues to look for ways to reduce G&A and streamline its operations.
$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.