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$ATVI intends to use about $1.48Bil net proceeds from the offering, together with cash on hand, to redeem all $1.5Bil aggregate principal amount of its existing 5.625% senior notes due 2021 at a redemption price of 104.219%, plus accrued & unpaid interest. The offering is expected to close on Sept. 19, 2016, subject to customary closing conditions.
$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.