Want to join the conversation?
Barclays analyst Jay Gelb asks about the potential magnitude of the 3Q16 actuarial assumption review. $MET says that it accelerated the economic assumption review & the risk margin review for the VA business. The other reviews done on mortality and morbidity will have to wait until the company gets there. But history-wise, those tend to be modest.
$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!