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$CTAS has decided to extend the SAP system into its distribution network and expand its e-commerce capabilities. $CTAS anticipates that these extensions will be a capital investment of around $40MM over the next year. The company estimates the investment in SAP will result in $30-35MM of expense in FY17 and $45-50MM of expense in FY18.
$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.