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$DVN now anticipates general and administrative (G&A) expenses to decline to a range of $600-650MM for the full-year 2016. Combined with reductions in capitalized G&A, $DVN projects its total overhead costs to decline by about $400MM compared to 2015.
$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.