Want to join the conversation?
$STZ 1Q16 10-Q: In June 2015, STZ signed a definitive agreement to acquire Meiomi wine brand for approx. $315MM, subject to customary closing conditions and adjustments. Transaction includes acquisition of Meiomi trademark, related inventories and certain grape supply contracts. The transaction is expected to close around the beginning of August.
$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!