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$STX 4Q15 Call: For 1Q16, OpEx is targeted to be flat sequentially at approx. $515MM. STX plans to address additional savings opportunities through the end of the calendar year and expects OpEx will be comfortably under $500MM a quarter in 2H16. These actions will decrease total OpEx by at least 10% for FY16.
$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.