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$RRC said it has set 2016 capital budget at $495MM, down 45% versus 2015 CapEx. 2016 production is expected to average 1,390-1,420 Mmcfe per day, equating to an 8-10% production growth on a pro forma basis. 1Q16 production is expected to be about 1,350 Mmcfe per day with 30-32% liquids.
$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!