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$CMA 2Q15 Q&A: When Alexopoulos of JP Morgan asked about prior to 2Q15, established a provision based on peak losses & why had that not been enough so far, Karen replied, equated qualitative reserve at the beginning of downturn to be about equal to the peak net charge-offs in the last cycle, and increased reserves in the current cycle prudently.
$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.