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$GHC said its subsidiary, Graham Media Group, Inc., has reached an agreement with Nexstar Broadcasting Group, Inc. and Media General, Inc. to acquire CW affiliate WCWJ in Jacksonville, Florida and NBC affiliate WSLS in Roanoke, Virginia. The purchase price is $60MM in cash and the assumption of certain liabilities, including pension obligations.
$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.