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John Glass of Morgan Stanley asks about the refranchising operations in China, Hong Kong and Korea. CEO Steve Easterbrook said the company's run rate in China is typically around 250 restaurant openings a year and $MCD wants to find the right strategic partner that meets or exceeds this number.
$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.