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Timberland owner $WY said it has completed the sale of its liquid packaging board business to Nippon Paper Industries for $285MM. Company expects to use a big portion of the after-tax proceeds of about $225MM for repayment of debt. The business sold consists of one mill located in Longview, Washington.
$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.