Want to join the conversation?
Coffee company $SBUX said it received notice of an unsolicited mini-tender offer by TRC Capital Corporation to purchase up to 2MM shares of $SBUX common stock at a price of $54.38 per share in cash. The offering price is 4.43% below the closing price of $SBUX stock on April 27. $SBUX asks its shareholders to reject this offer.
$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.