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$JOY expects to achieve $85MM of total cost savings in 2016 versus 2015 with 35% of savings expected in 1H16 and 65% in 2H16. $JOY believes this higher level of cost reduction will position it to achieve its 34% decremental margin target on downside sales risk in 2016.
$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.