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Cash and deposits with banks fell from the prior-year period as $C continued to deploy its excess cash by increasing its investment portfolio to manage its interest rate position as well as reduce short-term and long-term borrowings. Average cash balances were $156Bil in 2Q15, down from $192Bil in 2Q14.
$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!