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Devin Ryan of JMP Securities asks for some additional color on the fair value mark within the energy book. $MS CFO Jon Pruzan replied that 40% is both fair value and held for sale. He added that the held for sale will run through other revenues and the fair value will run through sales and trading line items, and $MS does mark-to-mark it daily.
$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.