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In 3Q16, Omaha, Nebraska-based $CAG said that its earnings reflected increases in Consumer Foods and Commercial Foods operating profit. The company completed the divestiture of the Private Brands business, receiving approx. $2.6Bil in proceeds. $CAG also said that the company utilized approx. $2.15Bil of the proceeds to reduce debt.
$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!