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$STI 2Q15 Q&A Update – Aleem, CFO: Extended duration on the balance sheet & rate sensitivity – Few years ago, we’re liability sensitive as rates were coming down & today we’re modestly asset sensitive as rates are going up. There will be rate hike at the end of this year & the rate rise will be deliberately paced after that for the first year or 2.
$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!