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Laser solutions supplier $COHR and $RSTI, laser-based components developer, said their BoDs have approved a deal by which $COHR will acquire $RSTI for $32.50 per share or about $942MM. $COHR intends to finance the deal through cash on hand and fully committed debt financing from Barclays. Transaction is expected to close in 6-9 months.
$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.