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$VLY said in its Form 10-Q Quarterly Report filed on Aug. 8, 2016 that in early August it elected to prepay all $405MM of its Federal Home Loan Bank borrowings contractually maturing in 2018. $VLY refinanced 2018 debt, with total average cost of 3.69%, into a new 5-year FHLB borrowing with effective average interest rate of 2.51%.
$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.