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Betsy Graseck of Morgan Stanley asks about restructuring in 1Q16; if the $500MM coming entirely through by end of FY16. $C CFO John Gerspach said that the company will get $400MM of that in the last three quarters of the year so that the re-positioning taken in 1Q16 largely will repay itself in FY16 results.
$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.