Want to join the conversation?
$JOY has two financial covenants in its credit facility, leverage covenant and interest coverage covenant. Leverage covenant is 3x and the company expects to end the year at around 2.4x level on the interest coverage. With respect to credit facilities and accessing liquidity on those facilities, there is no impact.
$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.