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$STT announced a multi-year plan to accelerate the next phase of its transformation program to generate roughly $500MM in annualized savings once fully implemented. Moreover, it plans to reduce nearly 600 positions on gross basis. The plan, expected to be completed by next year-end, will lead to saving of $50MM annually.
$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.