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Excluding PCI loans, $BBT's provision for credit losses was $182MM in 1Q16, compared to $105MM in 1Q16. 1Q16 provision includes approx. $58MM related to the energy lending portfolio. Net charge-offs for 1Q16, excluding PCI loans, were $154MM, up $54MM compared to 4Q15 mainly due to $30MM in charge-offs related to the energy lending portfolio.
$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.