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$CBS $CBS.A said its radio business CBS Radio has priced offering of $400MM of 7.25% senior unsecured notes due 2024. CBS Radio also established pricing for $1.06Bil senior secured term loan B facility maturing in 2023 at interest rate of LIBOR plus 3.50%. The $1.46Bil debt financing are being made as part of its plans to separate radio business.
$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.