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Beverage company $KO announced a letter of intent to refranchise most of the Memphis, Tennessee market unit to Charlotte, NC-based $COKE. This area includes parts of Tennessee, Mississippi and Arkansas, including Little Rock. $COKE also expects to acquire production facilities in Memphis, Tennessee, and West Memphis, Arkansas.
$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.