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Defense contractor $LLL agreed to sell its National Security Solutions (NSS) business to $CACI for $550MM in cash. The transaction is expected to close in 1Q16. $LLL's CEO Michael Strianese said the sale of its NSS unit will allow $LLL to sharpen its focus on its more profitable defense electronics, communications and ISR businesses.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!