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$CMA 2Q15 Call: Net charge offs continue to be well-below normal levels, at 15 bp or $18MM. Reserve to total loans ratio increased to 1.24%. Noninterest income up $6MM or 2% to $261MM, reflecting increases in card fees. Noninterest expenses down $23MM to $436MM. Stock and warrant repurchases combined with dividends returned $96MM to shareholders.
$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!