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FBR & Co. analyst Lucas Pipes questions $JOY on the visibility it has relating to the sustainability of the bookings. CFO James Sullivan says that the company tries to highlight the bookings lumpiness in 2Q16 with the oil sands order and the longwall. Looking into 2H16, the company has prospects there. The new run rate of bookings is $680MM.
$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!