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On March 2, 2016, $A acquired a 48% ownership stake in privately held Lasergen for $80MM in cash. As part of the agreement, the two companies will collaborate on a next-generation sequencing solutions workflow for clinical applications. The company has the option to acquire the remaining shares of Lasergen until March 2, 2018, for $105MM.
$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.