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$SM said it priced an upsized offering of $150MM aggregate principal amount of its 1.50% senior unsecured convertible notes due 2021. The offering was upsized from the previously announced offering of $100MM. $SM granted the underwriters a 30-day option to buy up to additional $22.5MM of notes. The offering will close on Aug. 12, 2016.
$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.