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High technology products provider $UTX said that it remains focused on structural cost reduction. CCS expanded margins by 130 BP in 2Q16 and corporate expenses were nearly 20% lower vs. 2Q15. The company said that it will complete the $6Bil ASR plan in 3Q16 and is on track to return $22Bil in cash to shareowners from 2015 through 2017.
$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.