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Craig Hettenbach of Morgan Stanley asks how $QRVO wants to use the cash. CEO Robert Bruggerworth said that the company expects to continue buying back shares under the $1Bil authorization program and it expects to buy back steadily. He added that $QRVO will look for acquisition opportunities that would fit well with the company.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!