Want to join the conversation?
$MTB expects runoff of the mortgage loan portfolio to continue, but be more than offset by growth in commercial and other consumer loans. The company expects a normal seasonal rebound in auto floorplan balances. The pipeline of customer activity in other parts of the commercial and industrial portfolio remains strong.
$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!
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.