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For 2Q16, $NE said it expects to recognize revenues associated with these two rigs of approx. $431MM, which includes a $348MM termination fee, $52MM related to 2Q16 operations through the date of termination and $31MM for the accelerated recognition of other deferred contractual items.
$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.