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$CVX expects capital and exploratory expenditures for 2016 to be $25Bil to $28Bil, roughly 25% lower than 2015 levels. It also expects to cut 6,000 to 7,000 jobs as it further reduces spending in 2017 and 2018 to the range of $20Bil to $24Bil.
$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.