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Bonnie Herzog of Wells Fargo asks where will the $3Bil of cash proceeds from the sale of SABMiller be used. CFO Bill Gifford replied that the company has not made decisions around the $3Bil and added that this being excess cash, $MO would assess it based on market conditions at the time and make the appropriate decisions.
$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.