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In Aug. 2015, $M formed a joint venture with Hong Kong-based Fung Retailing Limited to explore retailing in China. The JV, which is 65% owned by $M, will start with an e-commerce pilot initiative and plans to begin selling merchandise in China in late 2015.
$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!