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$TIME said The Foundry will be led by Jen Wong, President, Time Inc. Digital. Alan Murray, editor of Fortune, will succeed Norman Pearlstine as Chief Content Officer. All of $TIME's US brands will now report to Rich Battista as EVP, Time Inc. and President, Brands. Evelyn Webster, who was EVP will leave at Aug.-end.
$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.