Want to join the conversation?
Oil and gas company $MUR said its Canadian subsidiary, Murphy Oil Company Ltd., closed the sale of its 5% non-operated working interest in Syncrude Canada to Suncor. This will increase net cash on balance sheet before closing adjustments by $937MM Canadian before-tax. $MUR has reduced its 2Q16 production outlook by 8,400 boe/day.
$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!