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$UEIC said its subsidiary C.G. Development agreed to sell its entire ownership interest in Gemstar Technology to Guangzhou Junhao Investment. Guangzhou Junhao will pay C.G. Development about $48MM in cash at closing. The transaction is expected to be completed within about 28 months from the execution of the agreement.
$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.