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$CFG said that its 1Q16 allowance to loan ratios came in at 1.21%, while the allowance to NPL ratio was 113%, both of which are relatively flat to 4Q15. During 1Q16, the company identified a $373MM portfolio of consumer real estate TDR loan that it plans to sell late in 2Q16 or early 3Q16. $CFG transfers these to loans to held-for-sale.
$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.