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New York-based $JPM posted 1Q16 net income of $5.5Bil, down 7% from last year. EPS was $1.35 as compared to $1.45 in 1Q15. Net revenue fell 3% to $24.1Bil in the quarter. Noninterest revenue was $12.4Bil, down $1.5Bil, mainly due to the market environment impacting the results of the Corporate & Investment Bank and Asset Management.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!