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For 3Q16, $PX expects the benefits from recent acquisitions and project start-ups to be mostly offset by seasonally lower volumes. The company assumes 3Q16 results to be same as 2Q16. Capital expenditures are anticipated to be about $1.4Bil for the year. Based on the current outlook, $PX said that it does not expect any type of recovery.
$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.