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$LHO said it agreed to sell Indianapolis Marriott Downtown to affiliates of White Lodging Services Corp. and REI Investments for $165MM. The company acquired the hotel in Feb. 2004 for $106MM. $LHO expects the transaction to close early in 3Q16. Proceeds will be used to reduce borrowings on senior unsecured credit facility.
$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.