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Ohio-based $FITB said it expects to recognize a pre-tax gain of about $419MM during the fourth quarter related to the ownership interests included in the $VNTV share sale and warrant actions. On December 2, $VNTV conducted a secondary offering of 13.4MM shares of its Class A Common Stock on behalf of $FITB, the regional bank said.
$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.