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$FLR expects FY16 G&A expense of $190-200MM at a tax rate of 33-35%. For FY16, company expects new scale expenses of about $90MM and CapEx of about $300MM. FY16 outlook does not include any benefit related to Stork acquisition nor any transaction and integration-related costs. Stork transaction is expected to close early in March.
$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.