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$SYMC announced a target of $400MM in cost reductions to be achieved over the next two years. Over the next 18 months, $SYMC plans to eliminate $130MM of TSAs and stranded costs resulting from the sale of Veritas. $SYMC will return $5Bil in additional capital to shareholders by the end of March 2017.
$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!