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$VZ said it has signed an agreement to purchase XO Communications' fiber-optic network business for about $1.8Bil. $VZ's ownership of XO's fiber-based IP and Ethernet networks will help better serve enterprise and wholesale customers. Also, acquired fiber facilities will help $VZ continue to densify its cell network. The deal will close in 1H17.
$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.