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$AN 2Q15 Q&A: Whiston of Morningstar asked about the plans for commercial paper proceeds. Cheryl told that it’s lower cost to capital. It’s general corporate uses, it could be anything from rebuild acquisitions and CapEx. So it’s opportunistic pricing standpoint relative to the rates that AN is paying under broad 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.