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$FISV estimates that annual amortization expense with respect to acquired intangible assets will be approx. $160MM in 2016, $150MM in 2017, $140MM in each of 2018 and 2019 and $120MM in 2020. Annual amortization expense in 2016 with respect to capitalized and purchased software is estimated to approximate $130MM.
$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.